Step Right Up

Reading Megan McArdle lately has been like watching a flea circus. So much chatter and noise and fuss, while in reality there's nothing but an empty stage. Salary caps bad. Spending bad. Just because I make money blogging doesn't mean you will make money blogging. And my personal favorite, her post stating the US is to big to fail. (Does she not know that the rest of the world is reacting to our situation? I know she replaced thinking, which is hard, with ideoology, but this is ridiculous.) Salary caps bad, again. And the piece de resistance, financial journalism don't get no respect. I wonder the hell why.