Financial Meltdown Editorials

The big news of the last few days, the continuing financial meltdown of Wall Street, tied partly to subprime loans and partly to poor regulation/poor choices and risky behavior, has generated a number of interesting editorials.  Here is a selection (photo for Bear market--perhaps too cute):

• E.J. Dionne Jr., "The Street on Welfare," Washington Post March 18, 2008.
• Robert J. Samuelson, "How This Crisis is Different," Washington Post March 18, 2008.
• Alex Tabarrok, "Home Sweet Investment," New York Times March 18, 2008 (a more positive take on where the housing market is headed and the fundamentals of housing)
• Editorial, "Who Will Come to the Rescue?" New York Times March 18, 2008 (good overview).
• And of course a favorite: Paul Krugman, "The B Word," New York Times March 17, 2008 (definitely worth reading on the coming bailout, ending ominously, "things are falling apart as you read this").

-E.R. erosser@wcl.american.edu