I’ve posted Entry #106 to my weekly Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called A Story Bigger Than Watergate.
Juicy Excerpt: Watergate was a huge story because it had so many dimensions and because it took so long to play out. The first post aiming to silence me was put forward on May 13, 2002. And this story affects most people’s lives in a more direct way than the removal of a President. People are in the process of losing most of their accumulated savings of a lifetime. Tens of thousands of entrepreneurs have seen their businesses fail. We are seeing the early signs of political instability with the formation of the Tea Party and the Occupy Wall Street movements. The next crash is going to put the public’s confidence in our political system to a big test.