The downgrades in the credit ratings of major banks mean very little to the average consumer, but the downgrade in the credibility of Congress and the mess we have made of our financial regulatory structure should give us all pause.
It's about an hour into the after-party when someone in the middle of the room, near a giant projector screen playing vintage television ads, begins banging his glass and yelling for everyone to be quiet.
Given the difficulty of the process, were the Wisconsin recalls worth it? The answer is still a resounding yes. This was the only recourse millions of irate Wisconsinites had to be heard, and the statement was made.