When Will Democrats Lash Out?

Yesterday's troubled markets (which, many analysts believe, will continue for a while) is partially the product of two prominent Democratic bogeymen: those "evil" sub-prime lenders and globalization. The mortgages offered by those sub-prime lenders have essentially been bundled and transformed into securities, sold around the world and thus transferring their risk around the world. This is why BNP Paribas halted withdrawals from a trio of funds yesterday, claiming that because of upheaval on the US credit market, they couldn't properly value the funds.

I haven't exactly scoured the web looking for it just yet, but I imagine that some Democrats will connect these dots and start brandishing their pitchforks in the near future. What they can do about it remains to be seen.