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"I don't want to be an apologist, especially not for this zip code," said Joshua L. Steiner, co-president of the Quadrangle investment firm, as he scanned the well-heeled crowd gathered in lower Manhattan for The New Yorker Summit. Steiner, a former U.S. Treasury official during the Clinton administration, cautioned against the "temptation" to inflict pain for its own sake, or chase "speedy" fixes. Yet at this salon on Obama's agenda, Steiner is -- as conference keynoter Malcom Gladwell might say -- an outlier.

Most of the economic heavyweights here indicted Wall Street and Washington, without falling into any discernible partisan patterns.

Now's a good time to ask, what the heck happened with the defeat of the bailout bill on Capitol Hill on Monday?; Debate? What debate? Oh, there's a debate tonight. The Internet has bubbled up some ways to play along with Palin vs. Biden; Wow. The Obama campaign has released a gorgeous new iPhone app; Congress has okayed a bill that requires the government to regularly and accurately assess who in the U.S. has broadband access and who doesn't. If we may humbly advance an opinion: excellent!; and a good deal more. Honest.