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Day of Reckoning

Day of Reckoning

State of Emergency

State of Emergency
March 20th, 2009

Systemic Failure

By Patrick J. Buchanan

As the U.S. financial crisis broadens and deepens, wiping out the wealth and savings of tens of millions, destroying hopes and dreams, it is hard not to see in all of this history’s verdict upon this generation.

We have been weighed in the balance and found wanting.

For how did this befall us, save through decisions that brushed aside lessons that history and experience had taught our fathers?

It all began with the corruption called sub-prime mortgages.