Our banking system is structurally flawed, and the changes instigated by the passage of the Financial Services Modernization Act of 1999 should be fundamentally reconsidered.
As the year and the decade draw to a close, I'm strangely optimistic. True, there are many reasons for pessimism. But over the past week, I have found reasons to at least be cheerful in popular entertainment.
The Fed's shredding practices allow unelected Fed officials who have immense power over our economy to bypass the Congressional appropriation process and any meaningful method of checks and balances.
One of the casualties of this crisis is the capacity of economists to read the signs and launch warning signals. While Ben Bernanke understands economics and numbers, he lacks the necessary instincts.
One would think that the uncovering of a 17-year lie to cover up records and deliberations by unelected officials would be cause for public outrage. But that didn't happen at the Federal Open Market Committee.
Operating a business on Main Street is a lot different than lecturing at the Harvard Economic Club. The team Obama surrounded himself with has spent way more time in a faculty lounge than in the corner barber shop.
Peter Galbraith, son of the famed economist, is in line to reap $100 million dollars -- maybe more -- from contracts between a Norwegian oil company and the autonomous Kurdish region of Iraq.
Currently, oversight is dispersed among numerous confusing bodies that at times have seemed to be racing each other to the bottom. Setting up One Big Regulator would end that problem.
The loss of the West's moral authority is the exact opposite outcome that Western minds expected when they celebrated the fall of the Berlin Wall in 1989.
The election results show that no incumbent governor (or incumbent party) can escape the wrath of an electorate that continues to bleed while it watches tax dollars squandered on foreign wars and Wall Street fat cats.
The optimist in me says Obama can pivot off a health-care victory and launch some new initiatives that palpably and quickly spur job growth. The realist says there aren't any such initiatives.
Women like Brooksley Born have a long history of being whistle-blowers in systems dominated by men. Perhaps this time Congress -- and the American people -- will listen.
A year after President Obama's election, progressives can say that we got pretty much what we had a right to expect: a centrist agenda in office.
We can either prop up the billionaire bailout society as Geithner wants or we can begin the necessary process of breaking it up. You know what the financial interests want.
There is a movement afoot, and I'd like you to join us. Several organizations are cooking up a number of ways to make this change happen.
Breaking up the banks to ensure that never again can the greedy few throw an entire planet into a Depression is not only a logical step but also smart, popular politics.
If anyone has ever dreamed of being an office holder, 2010 is the year to do it. There are going to be several situations where voters elect a complete unknown, just to express their anger about the incumbent.
We've reached an incredible moment when Alan Greenspan, Michael Moore, FDIC head Sheila Bair and Elizabeth Warren are all singing the same tune: calling for breaking up the big banks.
Whatever Obama decides to do in Afghanistan is of little consequence compared to Wall Street's ongoing "plutonomy."
We all know that the economy is recovering. The stock market is up by more than 50 percent from its March lows and banks are reporting strong profits. Everything is bright and sunny again, unless you have to work for a living.
The economy may be in a technical recovery but this is not a real recovery and the "green shoots" or "positive signs" that Wall Street cheerleaders love to shout about are phantoms of their ever-optimistic imaginations.
