Sometimes the best thing about blogs....

....is the "new" blogs you find by clicking on the links in the comments. I can't tell you how much I enjoyed reading this post from Riding Sun. Tightly written, cogently argued, extensively documented, leading to a conclusion that is at the same time surprising and eminently sensible, Riding Sun discusses selling "Bush stock" short and the consequences of such a foolhardy strategy. Then he names names and exposes those who've lost the most.

I can't quote it here and do it justice, so click on the link, read it through to the end and enjoy the delicious irony as much as I did.