“The extent of de-leveraging involves a wholesale destruction of credit. The risk is that the ‘shadow banking system’ completely collapses.” For the first time since this Greek tragedy began, I am now really frightened. Ambrose Evans-Pritchard, International Business Editor, The Telegraph

Does Britannia, when it sleeps, dream? Is America her dream?Thomas Pynchon, Mason & Dixon, Chapter 34, pg. 345

I have never had a president who inspired me the way people tell me that my father inspired them. But for the first time, I believe I have found the man who could be that president — not just for me, but for a new generation of Americans. Caroline Kennedy, endorsing Barack Obama.