"Those who cannot remember the past are condemned to repeat it."George Santayana, in The Life of Reason
“Common sense is very uncommon.” Horace GreeleyThere seems to be a sense in Washington in this time of crisis that the rules of ordinary behavior of most any kind simply don’t apply. Whether observing economic behavior, spending behavior, fiscal behavior, monetary behavior, political behavior, or what used to be generally acceptable and responsible behavior, it’s all up for grabs these days. Didn’t we get into this mess by abandoning the ordinary rules of lending and of borrowing and regulating?