Another in the endless series of recent really frightening articles

James Wolcott | 'Worse than a Fool'

Wolcott, from Vanity Fair, tells of Richard Rainwater, who's made billions from previous "cataclysms"—Houston real estate and oil stocks—but the one he see coming this time makes even him nervous.

By the way, the "Worse than a Fool" in the title refers to someone other than Mr. Rainwater. Someone whose approval rating is in the 30s right now...