It used to be that the state was OK , or the City, or the County, or the Feds. They would insulate one from stupidity at another level. NOPE. They are all incompetent doofuses, the worst governance in my whole life. Carter was terrible, but at least we had Tip O'Neil. Like that.
Even this guy thinks so after the AIG response from congress:
WHO ELECTED THESE IDIOTS??
By week’s end, I was more depressed about the financial crisis than I’ve been since last September. Back then, the issue was the disintegration of the financial system, as the Lehman bankruptcy set off a terrible chain reaction. Now I’m worried that the political response is making the crisis worse. The Obama administration appears to have lost its grip on Congress, while the Treasury Department always seems caught off guard by bad news.
And Congress, with its howls of rage, its chaotic, episodic reaction to the crisis, and its shameless playing to the crowds, is out of control. This week, the body politic ran off the rails.There are times when anger is cathartic. There are other times when anger makes a bad situation worse. “We need to stop committing economic arson,” Bert Ely, a banking consultant, said to me this week. That is what Congress committed: economic arson.