Team Obama "Too Politically Frightened to Admit US Banks Insolvent."

Just like I was saying.  HT:
href="http://www.nakedcapitalism.com/2009/02/financial-times-martin-wolf-team-obama.html">Naked
Capitalism
.  With videos. 



This is not from some marignalized doomer.  It is from the
Financial Times.


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The libertarian side of the blogosphere is all abuzz about "Direct Instruction" at the moment, thanks to a Marignal Revolution post by Alex Tabarrok touting the method: