Sunday, January 13, 2013

Symptoms

finem respice places the AIG lawsuit in context. (Yes, it's careless of me to call it "the AIG lawsuit" when it's actually the former CEO suing the US government, and when there are undoubtedly other AIG-related lawsuits out there. But this is the one that interests me.)

FR also provides a nice checklist of ... phenomena ... to be understood: the trillion-dollar-coin debate, playing chicken with the fiscal cliff, the debate over the constitutionality of debt limits - and the AIG lawsuit. They are all just epiphenomena, but, like objects caught swirling in a tornado, tracing their paths can help us to intuitively discern the form of the invisible tempest that guides them.