One of the many huge bills pending before Congress right now is the financial system overhaul. This is a big complicated mess of a proposal that a lot of people are very skeptical about, and for a good reason – it’s very hard to understand. I’ve been slow to write about it because I was about as confused as anyone when I saw the big chart supposedly explaining it. That’s a pity because now that some of the details have sunk in it looks like it’s not too bad overall. It’s only missing that one thing that Democracy demands – clarity. I happen to believe it’s not as hard to do that as it seems.
Barataria - The work of Erik Hare 