Privatize the Profit–Socialize the Blame
Writing at the Columbia Journalism Review‘s website (10/17/08), Elinore Longobardi points out the pure absurdity of Newsweek‘s persistence in the role of economic cheerleader: In the October 20 cover story, Fareed Zakaria… explains the problem: Two decades of easy money and innovative financial products meant that virtually anyone could borrow any amount of money for […]



