"The system failed."

"And why is that?", the Globe-Republican asks. Could it have anything to do with the laissez-faire policies espoused by your paper throughout the Bush years? The same hands-off attitude that allowed our financial system to go rocketing out of control? Let the markets decide? Well, the markets decided. Whether it's peanuts or credit default swaps the market decided it's best to look the other way, ultimately putting us all at risk.