The economic hole is deep, and 'we're all in it together': Pearlstein
(NEWSER) - If people understood how bad the financial situation is, there would be less hostility toward the bailout, writes Steven Pearlstein in the Washington Post. Americans haven't owned up to having helped create the credit bubble that is now deflating, and Wall Streeters haven't owned up to their "greed, arrogance, and incompetence," either. Because of that standoff, we're all about to see just how deep a hole we are in. More»