7 Years Later

Roger Cohen writes a column unlike any I've seen. It's powerful, especially for those who spent many hours in Sunday School and church listening to the scripture from the King James version.

And in the seventh year after the fall, the dust and debris of the towers cleared. And it became plain at last what had been wrought.

For the wreckage begat greed; and it came to pass that while America's young men and women fought, other Americans enriched themselves. Beguiling the innocent, they did backdate options, and they did package toxic mortgage securities and they did reprice risk on the basis that it no more existed than famine in a fertile land.

Thereby did the masters of the universe prosper, with gold, with silver shekels, with land rich in cattle and fowl, with illegal manservants and maids, with jewels and silk, and with Gulfstream V business jets; yet the whole land did not prosper with them. And it came to pass, when the housing bubble burst, that Main Street had to pay for the Wall Street party.

For Bush ruled over the whole nation and so sure was he of his righteousness that he did neglect husbandry.

And he took his nation into desert wars and mountain wars, but, lo, he thought not to impose taxation, not one heifer nor sheep nor ox did Bush demand of the rich. And it came to pass that the nation fell into debt as boundless as the wickedness of Sodom. For everyone, Lehman not least, was maxed out. [...]

For Bush ruled over the whole nation and so sure was he of his righteousness that he did foster division until it raged like a plague. Each tribe sent pestilence on the other.

And in the seventh year after the fall, the dust and debris of the towers cleared. And it became plain at last what had been wrought -- but not how the damage would be undone.

Do go read the whole piece. It's powerful. You may also appreciate TeacherKen's thoughts on the column.

What have we wrought?