Too stupid to fail?

Today's Sunday comics had a surprising synchronicity. Although I'm sure they didn't plan it that way, This Modern World segues seamlessly into Doonesbury. Read them both (click the comic strip to zoom in) -- it's as if they were one strip today.

(Read the rest of my post below the jump)




There might just be something to this too-stupid-to-fail concept. The small banks have proven to be smarter than the big banks. These smaller players mostly avoided the risky predatory lending schemes that wrecked larger institutions. Yet it's the big banks that we bail out. I'm with Rahm -- it doesn't make sense to me either.