That old metaphor -- Latin America as the U.S.'s backyard -- is indicative of the American habit of viewing the region solely in terms of problems to be solved. What a shame: There is so much opportunity to be found in Latin America.
Every day we see more drama in the foreclosure debacle, with increasing number of lenders being pressured to put them on hold. But what's the strategy for those of us not in danger of losing our homes?
The Inspector General was generally missing from discussions about the deceptive practices found in the Congressional investigations of the Federal Reserve. Not a good sign for oversight of the Bureau of Consumer Financial Protection.
Some are dissatisfied with the president for not going through a confirmation process in the Senate with Elizabeth Warren. His concerns were real about getting the 60 votes to override the filibuster that was certain to come from the Republicans.
John Carney's New York Times op-ed piece is a tour de force, a paean to nonsensical thinking. He ignores the Fannie and Freddie of the real world. Instead, he goes after the Fannie and Freddie that exist only in his imagination.
This bill represents a principled effort to bring financial fairness to all Americans. Any policy that protects those consumers who do not have the means to protect themselves is a step in the right direction.