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ContributorBob Sacamano 
Last EditedBob Sacamano  Nov 17, 2008 05:12pm
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CategoryOp-Ed by Candidate
News DateFriday, November 14, 2008 12:15:00 PM UTC0:0
DescriptionWhen it comes to America's financial crisis, there's plenty of blame to go around. You don't have to dig far into the toxic sludge of bad credit, soaring deficits, fiscal mismanagement, and deregulation to see that all of it blends together to form a really big mess. And, you don't need a PhD in economics to know that the financial market meltdown is a warning sign that America's economy is in desperate need of an overhaul.

Leaders of nations, just like executives of financial institutions, are responsible for understanding and responding to new market signals. And as we've learned in the last few months, when they don't, the economies of great nations -- just like the credit worthiness of corporate giants -- can crumble with frightening speed.
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