"The Federal Reserve and the Bush administration believe the threat of defaults by A.I.G. on a lot of unregulated derivative contracts creates a national emergency. It’s too bad they didn’t think of that when they were opposing any efforts to regulate those markets. That would have been interfering with free enterprise. This move, somehow, is not."

This is from the blog of the New York Times chief financial guy. A) how weird is it that he agrees with me? B) how come when I say it im a crazy leftist who doesnt understand the economy?

*sigh*