I will be the first to admit the economy is not my strong suit. My primary interest in finance is spending.
Seriously – AJ Strata, at Stratasphere has a damning masterpiece about just who is to blame for this mess we are in. It is probably the most important piece in ages. Instead of even quoting from his piece, I’m simply going to link, and you read it.
RBO has a run-down on the AIG mess. It is also a “must read”.