Governments in Greece, Portugal, the United States and elsewhere are borrowing, and often wasting, money at a reckless pace. Why do banks and financial markets cooperate? Because there’s something in it for them.
The Washington Post has done a great job with its series showing that in the wake of 9/11, hundreds of private companies and nearly 854,000 people have gone to work in classified areas. Are they doing a great job? Maybe. There hasn’t been another 9/11. Are they trampling civil liberties? Maybe.