The ninety-seventh weekly "No shit, Sherlock" award

This week's winner is the BBC for reporting Lord Turner's comments that

'Financial crisis 'not due to bonuses alone''

Something that the BBC are reluctant to report too often as that would mean examining the role in causing the financial crisis played by their heroes Gordon Brown and Bill Clinton. In Gordon Brown's case by creating a credit bubble so as to fund a massibve expansion in the largely Labour voting public sector and in Bill Clinton's case by extending the scope of the Community Reinvestment Act and approving the Financial Services Modernization Act. Do read up on both of these acts, what you find may surprise you if you believe that it was all the bank's fault.

Anyway for noticing that the Financial crisis was 'not due to bonuses alone'; "No shit, Sherlock"