Until Washington gets the courage to trust the American people to handle hard and sobering decisions -- and develops a plan of action that does not favor one interest group over another -- real economic solutions are not going to come from Washington.
Washington and Wall Street are tied at the hip and spend most of the time talking only to each other. They are connected socially and economically and have media outlets devoted to promoting their philosophies.
Because the money is harder to access, people who take structured settlements are more likely to "get rich slowly" than my professional clients who can cash in a mutual fund or stock whenever they want.
While mainstream America continues to struggle with the recessionary consequences of a meltdown caused by financial excess, large financial institutions are back to profitability and back to their old ways.
All small businesses are not the same. Until this is registered and embraced by our legislators, this country will not succeed in its efforts to promote economic growth through innovation or
unleash our full capacity to compete globally.
Today there's sensitivity to the dangers of regulatory arbitrage when regulatory regimes widely vary either nationally or internationally -- although, so far, there are few answers to resolve this beyond gestures toward coordination.