Frank Kollman

The Stock Market today seemed surprised that the Supercommittee had failed to come up with a long-term deficit reduction plan.  I knew that when the committee was formed.  Even the most honorable of members were "born and raised" in the current atmosphere of corruption and partisanship.  No one is allowed to be reasonable or consider good arguments made by the other guys.  Moreover, unless there are campaign contributions to be made or political supporters to fool, nothing tangible can get done.  It's as disgusting as it is troubling.

So, the Stock Market was down by over 2% today, as if no one has been paying attention for the last few weeks.  I trust that Nancy Pelosi and the rest of the Congress, Republicans and Democrats alike, managed their stock portfolios accordingly.  Don't be surprised if historians determine in the future that this Congress made money in the stock market this year.  Mark Twain was right.  Congress is America's only native criminal class.