In the rush to become all things to all people the federal government has lost sight of its core responsibilities. As a result we're stuck in this frustrating paradox where Washington actually neglects things it's clearly supposed to be doing while interfering in other areas where they are neither welcome nor authorized.
Bulls don't read. Bears read financial history. As markets fall to bits the bears dust off the Dutch tulip mania of 1637 the Banque Royale of 1719-20 the railway speculation of the 1840s the great crash of 1929.