It is a joy to return from vacation to find Edgar Allen Beem in such fine spleen as his “Blame it on the Poor …” column.
Beem will, however, need to enlarge his Paddy Wagon (perhaps to the size of President Obama’s black and heavily armored Canadian-made campaign bus) to include a veritable platoon of Democrats: Robert Rubin, Larry Summers, Bill Clinton, Franklin Raines, James Johnson, Barney Frank, Chris Dodd, Maxine Waters and, in a fine gesture of solidarity “across the aisle,” Republican Alan Greenspan.
The charges are all set out by Gretchen Morgenson with Joshua Rosner (in “Reckless Endangerment,” Henry Holt, 2011) of The New York Times financial page. Evidently, Beem has missed these worthies because he never gets past the opinion pages (largely his unvalidated own) to confront facts.
Dr. Nicholas M. Nelson