this is an adventure

Jeffrey Miron writes: “Lots of people talk as if there was no option other than bailing out financial institutions. But you always have a choice. You may not like the other choices, but you always have a choice. We could have, for example, done nothing.” Essentially, he means doing nothing new. Too late now.

Let’s be clear who owns you now: “In an early sign the new board plans to take a more activist approach, top executives have been told to expect directors to interact regularly with top managers, much the same the way private-equity firms take hands-on roles when they restructure ailing companies.” Big Government is watching you.

Palin calls them “the distractions,” meaning attacks that “ranged from the bizarre—a blogger’s campaign to prove that Palin faked her last pregnancy (she didn’t)—to the humiliating. The National Enquirer sent four reporters to Alaska, hoovering up gossip about drug use by her older children and long-ago marital infidelity.” Looks like this is the other shoe.

Steve McNair, hero of the Delta: “When we got in the stadium, they were playing Mozart. We couldn’t believe it. It was a happening. We knew it as we drove down the Natchez Trace. We were going into the history funnel. We were headed into history. We were headed to see Steve McNair.”