"One of the first big bubbles, of course, was the huge and horrible South Sea Bubble in England. And the aftermath was interesting. Many of you probably don't remember what happened after the South Sea Bubble, which caused an enormous financial contraction, and a lot of pain. They banned publicly traded stock in England for decades."

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What is kind of beautiful about Katrina is that even though the media and officials are working hard at telling us everyone in New Orleans was a monster, in the immediate aftermath more than 200,000 people invite displaced strangers into their homes through hurricanehousing.org and an uncounted horde go to New Orleans and the Gulf Coast to give, to love, to be in solidarity, and to rebuild.

— Rebecca Solnit