Ironically, that's very similar what's been said about Bush's response to 9/11. He had a huge opportunity, and wasted it on Iraq; maybe justified, but he could have done something far bigger (e.g., energy independence, a genuine debate about Islam, exposed the corrupting influnce of Chinese and Russian oil games, etc.)

Still, I don't breally blame him (either of them). Our policy wonks either offer simplistic solutions, or entirely unworkable ones, or - more often - completely misdiagnose the real problem.

I'm shocked (but not surprised)that hardly anyone seems to be working on common sense, reality-based, easily explainable, and robustly defensible solutions to these massive problems. Or where such attempts exist, how little attention they garner.

This seems a systemic problem, not just a matter of one side or the other being idiots and/or scum. We need a new model for generating and promoting creative policy ideas If they haven't sorted it out in the next 10 years, I may have to retire early and take this on myself...
Sent from my iPhone

On Dec 19, 2009, at 10:03, [email protected] wrote:

Obama exhorted listeners during a weekly radio talk to "discover great opportunity in the midst of great crisis." It's an appealing conceit: seeking breakthrough achievement in a time of danger.

That's why it's such a shame we didn't take advantage of the Wall Street crisis of 2008 by making 2009 the Year of Real Financial Reform.


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