Ben Stein Must Be Stopped

So many points to pontificate about, so little time.

First, let me begin with a first. I have never warned readers away from any one columnist or journalist, but after reading his column this weekend in The New York Times , I feel obligated to tell readers to never read Ben Stein again.

In indicting traders and lackeys in the press for the subprime selloff, Stein offers not one shred of evidence. Moreover, his implication that traders would purposefully tank the subprime market because they are short stock belies the reality that almost every Wall Street firm is getting creamed because they were not short. And traders are getting laid off left and right. Again: because they were not short.

They Just Don't Get Big Macs and AMEX!

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