Maddow Does Economics

It will hardly come as a surprise to anyone that knows me that I think Rachel Maddow, host of The Rachel Maddow Show on MSNBC as well as of a radio show on Air America sharing the name, is remarkably clever and has a knack for being able to distill the substance of any given issue and present it in a witty, understandable format. Case in point — here's Rachel explaining the root of the problem with the financial sector in about a minute (and then dissing Ronald Reagan in the subsequent 30 seconds):

My favorite part, of course, is the Reagan snub, where she echoes nearly verbatim the line I've enjoyed using against "government is bad" types for the past year or so:

MADDOW: "[The Republican party] told us explicitly a generation ago what it thought of supervision:"

REAGAN: "In this present crisis, government is not the solution to our problem — government is the problem."

MADDOW: "Neat! But if that's what you think about government, you probably shouldn't get to run one."