Wednesday, July 28, 2010

Two Crises Wasted

Washington's perverse refusal to grapple with the energy crisis or to genuinely reform Wall Street.

The past news week was dominated by the Shirley Sherrod saga, a miserable episode that involved political operatives masquerading as journalists distorting fact in order to promote pre-existing bias, followed by a rush to judgment on the part of those too weak or fearful to exercise independent thought. A casualty of the Sherrod story's domination of the news is that it obscured the whimpering end of two of the largest crises of the past several years: the signing of the Dodd-Frank financial services reform bill and the plugging of the BP well.

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