Not praising or protesting anything. Just an observation. QE or DOD-pork have utility provided there is a check against moral hazard. As nobody of consequence w

Not praising or protesting anything. Just an observation. QE or DOD-pork have utility provided there is a check against moral hazard. As nobody of consequence went to jail for creating the CDO crisis, and as nobody will do so for the F35 boondoggle... the hazard remains.