Sunday, May 23, 2010

Dumbest Headline of the Year Nominee

Currently on the Yahoo home page:

Wall Street overhaul might not prevent next financial crisis

Good call, rocket scientists. Because all regulations like this do is prevent the last crisis from exactly repeating itself, which is unlikely, anyway, since major players learn from the previous crisis what pot holes to avoid. The next crisis will be based on something very much unlike the circumstances that led to the last one.

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