The Fed's mandate needs a massive overhaul, and our government needs to refocus its priorities from bailing Wall Street out of the mess they have gotten all of us into, and focusing on how bailing Wall Street plays out on Main Street.
The "monomaniac" pursuit of profit, taken to "demoniac" extremes (two words Melville uses repeatedly) is a killing pursuit that can take every last thing -- even the ship itself (read: the nation) -- down.
Before the occupation movement began, country club conservatives had confined political discussion and concern to government deficits. No one acknowledged the unemployed, the impoverished or the foreclosed on -- except to condemn them. The occupations changed this.
It's time for Wall Street to pay reparations for the financial collapse it caused. It's time for a crash tax, a tiny sales tax on Wall Street transactions, the revenues from which would pay for Main Street restoration.
What you do with the wealth matters. How you counsel the one percent makes a profound difference. And, relationships built upon common needs build bridges, even as bridges unmaintained may fall at any time.
Republicans have been chanting that public investment "crowds out" private investment. They are missing a major lesson of Macroeconomics 101: public investment doesn't crowd out private investment in the short run; it does so in the long run.
It has been an intense primary season, with a number of candidates rising to the top of media discussion only to fade just as quickly. Here are nine reasons why Herman Cain's campaign may also burn out.