One of Peggy Noonan’s better columns, which is entitled A Tragedy of Errors and an Accounting, appeared in the March 7-8, 2009 edition of the Wall Street Journal. In it, she tells about how the Marines came out with a damning, straightforward account that placed blame for the crash of a Marine F/A-18 Hornet fighter into a residential neighborhood on December 8, 2008, and then took strong action against the personnel who were deemed accountable. She then discusses the economic crash, especially as it relates to Fannie Mae and Freddie Mac, and asks why nobody has been blamed or held accountable. Recommended reading.
Hats off to the Marines for accountablility and responsibility.