As the presidential campaign roles into high gear, both candidates continue to avoid the real question that they should be placing before the American people in this election.
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Self-deception is such a powerful force in our lives that we cannot guarantee, even if we do spot it in action, that we'll be able to resist its subtle lure.
The shadow banking system is not illegal or clandestine. It is in the open, but it has thrived on the opaqueness of the investment instruments, facilitated by their complexity.
The immediate financial crisis obviously requires that the first order of business is to get credit flowing again and stimulate spending.
Saving people's homes while increasing consumer spending and solving the financial industry's credit crunch will stimulate the economy.
Pennsylvania, Virginia, and Ohio all face midyear FY2009 budget gaps and city governments are increasingly pessimistic about their economic health.
It is Obama who needs to be taking a hatchet to this idea in TV ads. The vast majority of the American people, especially independents, do not support most of McCain's suggested cuts.
The current economic meltdown can be traced to McCain's financial adviser. McCain wants to further deregulate capital markets and cut taxes. McCain-onomics are Bush-onomics, but more so.
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