The Wall Street Journal's opinion section is at times not the best place for intelligent pondering. I know that's a terrible remark, but I write that for a reason: the lack of circular, systemic thinking. The WSJ writes that having a non-refundable tax credit, which is something that can't be taken back -- it's a grant of sorts (I prefer an outright subsidy check) -- is bad thing.
Here's what the rest of us are thinking.
We just have AIG Insurance $120 billion (not million) to save it's corporate hide and several of its execs go out on a retreat at a luxury resort valued at over $400,000! What's that? It came from our government!
That opinion "work" is a piece of work, and shows why the rest of America is so angry with Wall Street. The WSJ is not helping the political needs of the Street and should just back off on the rhetoric, at least untill we're way out of this mess.
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