What's needed: Bondage and discipline

I'm not the only one with this thought: the Gulf disaster and the banking disaster are really about the same thing: the grown ups have left the house. From a blog by Gonzalo Lira, a chilean writer (h/t Jesse):

Where was Authority? Where was Someone In Charge? The fact was, there was no one in charge. There was no one supervising—or at any rate, the ones who were supposed to be supervising had had their teeth yanked. And BP knew it—so they did whatever they wanted, regardless of the risks, or the costs

I didn't see his speech the other night, but judging from all the reaction, sadly, Obama had apparently driven the final nail in the coffin of his historical legacy. I, at least, have seen enough. To think that I hoped for an FDR of our generation.....

Just goes to show that it takes great movements to create a great leaders, "and thus we drift to unparalleled catastrophe".