Yeah, that’s what we need, a good speech!

Well, bless my stupid little heart!  Simon Johnson says what we need is  a good speech:

For nearly two years now we have waited for a speech. We need a simple speech and a direct speech – most of all a political speech – about what exactly happened to our financial system, and therefore to our economy, and what we must do to make sure it can never happen again.

So, Senator Ted Kaufman delivered a speech.

It was the speech we have been waiting for – Financial reform, repeal of old regulation, the growth of mega-banks, the failure of regulators, fraudulent securitization, recipes for disaster, too big to fail, the concentration of wealth, Wall Street versus Main Street – yep, pretty much what we needed, simple and direct, and political.

I’m sure the Wall Street lobbyists are totally blown away, like that pigeon that flew in front of Ted Nugent’s Marshall stacks.

Thanks also to Senator Shelby for issuing a statement.  I’ll put that political repartee on my dinner plate next to Ted Kaufman’s speech.

Ladies and Gents, the corridors of power have been foundationally shaken.  You folks living near the coast are on a tsunami alert.

I say this with all the passion, moral rectitude, and foresight of Ben Stein: There will be justice.