11:38 AM
Amish an Example in a World Gone Mad
The workweek ended with no shortage of financial news (though nowadays it's not over till the fat lady sings-i.e. Sunday night has passed).
What struck me today as Congress refused $15 billion to the auto industry is how small that now seems in the scheme of things-not just compared with the $250 billion-plus stimulus packages separately announced by Japan and the EU today, but the in 20 years of lending he has never had a customer who failed to repay their loan, which would be considered shameful behavior.