>
> What leftists? As far as I can tell leftists are mostly completely
> oblivious to the way the economy works; except perhaps in some vague,
> abstract and probably erroneous sense (that explains nothing to us lesser
> souls)--
>
Good point. There's a tendency for lefties to say 'capitalism is bad' and leave it at that.
Contrast that with blogs written by financial insiders like Zero Hedge,Naked Capitalism. The Big Picture. They tend to be more libertarian but are seriously pissed. ZH broke the stories about high frequency trading, dark pools, and on at least one occasion, forced Congress to take action.
Where are the Izzy Stone's of our time? My blog, polizeros.com, is one of the few left blogs that's covered the financial crisis from the start. Doug, of course, has always been there,and ahead of the curve. (I thought Obama would be different. Doug was right about that too.)
I have an informed layman's view of what's going on, I mean, it's not -that- complicated to understand the basics of the financial crisis.But you're right, the left just doesn't seem interested.