Mindblown: a blog about philosophy.

What if the Obama administration treated the auto industry like Wall Street? There’d be no talk of potential bankruptcy, no firing of executives, no demands to shed failing subsidiaries, no demands for honest accounting, no insistence that creditors share some of the companies’ pain. And we certainly wouldn’t hear about re-writing contracts, heretofore described as…

Watch out if you live in or visit Washington, D.C. If you see a camera or microphone, be careful not to be trampled by a politician rushing to shout their “outrage” at AIG, and its brazen scheme to pay $165 million in bonuses to employees at the company unit responsible for driving the company to…

Is it fair to complain about the actions of the financial deregulators? Could anyone reasonably have foreseen the consequences of a decades-long regulatory holiday for the financial sector? In a word, yes. In preparing “Sold Out: How Wall Street and Washington Betrayed America,” a report that documents a dozen deregulatory steps to financial meltdown, it…