What's needed is an independent agency with summary powers and an independent board, to work with the FDIC and other agencies to sort out the solvent banks from the broke, those that need to be saved from those that should fail.
The danger is that politicians, who have little understanding of the financial world, may draw the wrong conclusions from Wall Street follies and make the wrong decisions as they try to revive our financial system.
At this pivotal moment in our history, the American people are demanding fundamental changes. Congress will be reconvening for a lame-duck session on November 17. What should we do?
The American people shouldn't base their votes on the basis of what maniacs say, but it once again underscores the question of who would be stronger in the fight against al Qaeda.
For years now a central piece of the progressive worldview is that progressives are enlightened Americans in a sea of their ignorant, bigoted and narrow-minded compatriots.
Sarah Palin is right about one thing: this election is in fact a battle between the "real America" and a pretender. But it's not quite the battle she imagines.
We should acknowledge that the netroots kept hope alive when our system of checks and balances was in mortal danger, kept hope alive when civil liberties were fast becoming disposable niceties.
Age has finally become an issue for John McCain. But the problem isn't the candidate's 72 years; it's the antediluvian approach of his campaign.
What is most disgraceful about this interview is the flaccid and uncritical role of the interviewer -- Drew Griffin. How can he call himself a journalist?
Against the interests of the nation this administration has permitted, even encouraged the dramatic transfer of wealth to oil interests in dimensions beyond the fondest dreams of Croesus.
I take issue with the idea America is a center-right country when Bush initially sold himself as a centrist, failed to earn a clear mandate in '04, and then lost the last mid-term to the Democrats. More concerning are Newsweek's visual politics, however.
"I told Joe, I will pay your plane fare, hotels, all your expenses," Sen. McCain said. "Just get out there and say whatever's on your mind, my friend."
