The problem is the solution.

Thomas Frank ridicules Republicans for thinking the cause of the current crisis offers the way out:

Right-wingers are convinced that we face an epidemic of vote fraud; that leftist schemers are preparing to undermine the American way of life; that the Obama administration is honeycombed with Maoists. They fear just about everything, that is, except the thing itself: the deregulated financial sector that brought us to this sorry pass. And that they will never confront. The only problem with deregulation, the right has persuaded itself, is that it was not permitted to go far enough. It is as perverse as it would be if the public had demanded dozens of new nuclear power plants in the days after the Three Mile Island disaster, or if we had reacted to Watergate by making Richard Nixon a national hero.


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