Reply #16: There's a big difference between the two situations

[depakid]

The first actually was a crisis with a risk of worldwide and systemic failure- one that was made all that much worse because no one around the world had the slightest bit of confidence in the inept leadership of the United States.

At this point, things have leveled off a bit- there's been time to take measured action, and yet the growing perception is that corruption (if not Bush incopetence) and lack out accountability are still endemic.

Moreover, as Cenk noted in his response to Jeffrey Sachs' article- there an appearance of group think among the economic advisors- whih alomost never results in responsible or productive public policy.