Mr. Friedman is quite uptight because he sees less than enough leadership action by those in a position to do something about the financial crisis. Perhaps he thinks politicians are some special breed of leaders twisting and turning for the common good. First and foremost, most politicians act in their own self interest, then, secondarily, in our interest...maybe. True leaders are rare. Sorting between them is never easy.
"Right now there is something deeply dysfunctional, bordering on scandalously irresponsible, in the fractious way our political elite are behaving — with business as usual in the most unusual economic moment of our lifetimes. They don’t seem to understand: Our financial system is imperiled."
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