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Over and over again, financial experts and wonkish talking heads endeavor to explain these mysterious, 'toxic' financial instruments to us lay folk. Over and over, they ignobly fail, because we all know that no one understands credit default obligations and derivatives, except perhaps Mr. Buffett and the computers who created them. ↗
Democrats were simply hoping to win some political points by getting their outlandish rhetoric published in the newspapers and heard on the talk shows. ↗
