I meant to post this yesterday but got all wrapped up in heading out for a work trip to make headway on my book…but how many of you saw the "60 Minutes" segment Sunday where Leslie Stahl interviews the hread of Bank of America, Ken Lewis? Here is the priceless question from Stahl, relating to the bailout:

"So this is a question everybody wants answered: Is this Socialism?" Stahl asked. "Have we now taken a huge step away from the free-wheeling Capitalism that we’ve known for the last 30 or so years?"

   I practically gagged when I heard Stahl ask that moronic question. In your world, Leslie–that would be the world of millionaire pundits and media stars–you might think of anything that restrains your beloved so-called "free market" as socialism. But, let me reassure you, Leslie–this ain’t socialism.

   Nope, in some ways, dear Leslie, it’s saving your beloved capitalism from its own stupidity and its captains who are so greedy and obsessed with their own wealth that they can’t see straight (that would, by the way, include your friend Andrea Mitchell’s husband, Alan Greenspan who helped make all this happen). Think of what happened as a Designated Driver for Capitalism–we’ve taken over the keys just a bit so you won’t drive over the cliff.

   And while you and your elite friends are asking that stupid question–is this socialism?–trust me…most working Americans are not asking that question. They are asking whether the stupidity of your friends has lead them to lose their 401(k)s (another invention of your brilliant capitalist friends), their homes, their retirement and their jobs.