Femafication, Krugman's term, ain't it grand!

From Nobel Prize Winner in Economics: Femafication of government under President Bush contributed to Mr. Paulson’s fumble. All across the executive branch, knowledgeable professionals have been driven out; there may not have been anyone left at Treasury with the stature and background to tell Mr. Paulson that he wasn’t making sense.The New York Times.

Also, more from NYT. The American people have to decide what kind of country they want. Do they want one in which the top 1 percent hauled in more than 21 percent of all personal income in 2005? Do they want a country in which ... the tax system “now levies the poor, the middle class and even the upper middle class to subsidize the rich”?