Thursday, Nov. 11, 2010

John C. Bogle: David Cameron

In the face of a serious global recession and in an economy among the most imperiled, British Prime Minister David Cameron took bold steps to a) build a "big society," demanding that citizens take greater responsibilities for their communities, and b) set forth a really tough fiscal policy, slashing government expenditures and killing — or at least maiming — a wide range of sacred cows.

Bogle is the founder of the Vanguard Group