"Too Big to Fail" banks played a key role in causing the last financial crisis. Not a single executive has been prosecuted, despite their rampant lawbreaking, which means that there's been no effective deterrent against reckless and illegal behavior.
Senators Warren and Brown are making a huge difference, showing us that if we get a real live two-fisted fighter for working families in the ring on our behalf, it matters. That is why I decided to get involved in helping Rick Weiland run in South Dakota.
The banks aren't creating anything real, just imaginary financial instruments. But ensuring that more people have access to a college education will only improve society in the long run. So why are we bleeding poor students dry while giving big banks preferential treatment?
If this deadly dynamic isn't solved -- if the biggest banks aren't broken up, if the Department of Justice doesn't start prosecuting crime in the financial sector -- our country will in the not too distant future see a financial crisis far worse than in 2008.