Fed, White House, Congress revise financial bubble history, set up next one

My 13-year-old son told me at the dinner table the other day that Franklin Roosevelt was one of America's "greatest presidents" because "he ended the Great Depression." He's usually a good student, so I checked where he got this tripe and sure enough the fairy tale was right there in his American history book. Sure enough…

Previously:
• 09/21/15 A left-wing pontiff has the opportunity to inspire the renewal of the nation
• 09/08/15 Blaming entitled millennials misses the point
• 08/18/15 Hillary wants to make your college even more expensive
• 07/28/15 This Republican bill will raise government spending and taxes
• 07/13/15 Socialism, RIP: Tottering European economies prove again the Keynesian model is a failure
• 06/15/15 Creating a shared prosperity -- yours and America's -- for $100 a month
• 06/01/15 GOP gluttons back into the hot tub
• 05/11/15 'Green movement' did itself in --- and not a moment too soon
• 04/27/15 State of the planet: It's better than ever
• 09/15/14 Obamanomics victimizes prez's biggest supporters most