Crazy Times Crazier Times to Follow A time when nonsense is passed off as wisdom.
By Victor Davis Hanson
We are in a weird age.
Do the smart thing, we were told, and invest in a 401(k) retirement account. Buy into the American dream and own your own home. But lately it seems that those who put their money in low-earning passbook savings accounts or rented rather than buying may have been better off.
Indeed, almost all the old familiar benchmarks of modern American life seem to be going by the wayside.
The blue-chip corporations that were long the brand names of world manufacturing and finance American International Group, Bank of America, Bear Stearns, Chrysler, Citigroup, General Motors, and Lehman Brothers are either gone or teetering on insolvency.
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