If you’ve not read Daniel Henninger’s column in the October 2, 2008 edition of The Wall Street Journal, I encourage you to.  In this column, Mr. Henninger defines the term “moral hazard”, particularly as it relates to Wall Street, Fannie Mae and Freddie Mac, and Congress.  He writes:
Borrowers across America took a dive for low- [...]

I’m impressed with Mitt’s decision. According to Fox News, he said:
“If I fight on in my campaign, all the way to the convention, I would forestall the launch of a national campaign and make it more likely that Senator (Hillary) Clinton or (Barack) Obama would win. And in this time of war, I simply [...]