Today the world's central banks acted in coordination in a way that's never been done before. From the press accounts I'm reading our Ben Bernanke led the way.
When Bush appointed him two years ago I praised the decision to my classes (who were surprised because I don't often praise Bush's decisions).
Bill Maher also praised the appointment but (paraphrasing) "Is this like the applause for a mentally challenged kid who gets a question right? In six years he makes one good appointment that is not a political hack and we're supposed to applaud?"
Now there's talk that world's central bankers might actually meet to discuss the crisis.
I can't help but wonder how this would be playing out if we had a President with the stature to discuss these issues intelligently.
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