Everyone says if you ignore Megan McArdle she'll just go away, but they lie, the bastards. She's just back into her squishy boring stage, repeating what everyone else says and mouthing platitudes. The only bright spot is the knowledge that Megan McArdle expected housing prices to drop enough to make buying a home affordable, but because of gross income disparity, she still can't buy a house.
She also knocks Joe Leberman's views regarding American citizenship, which is a good thing because by Liberman's standards, her fellow Atlantic blogger Jeffrey Goldberg, who was a prison guard in the Israeli military, is a traitor.
And Miss Fair-Minded of 2010 now realizes that investment bankers gamed the financial industry for their own gain, something that slipped past her free-market worshipping mind while the banks were actually pulling off their crimes and manipulations. Now that they've gotten away with their crimes, Miss Megan is willing to admit that the bankers maybe aren't the smartest people in the room and the financial industry maybe shouldn't be the basis for our economic success. It's very ex post facto generous of her, but I guess that just reveals the complexity and nuance of her ability to assess failure.