Former Labor Secretary Robert Reich fits the bill perfectly and uniquely. There is no Labor Secretary in recent memory that also has such a deep understanding of financial markets.
Unless you live on a small, green island off Washington State, or haven't read his books or participated in his workshops, you've probably not heard of Michael Sky. He is a dear friend, and he is dying.
Any stand-up comic knows that a great way to draw attention is to use profanity. Thus, it is truly sad to see a Senator I used to respect like Carl Levin fall for that tactic.
Just because the SEC filed a lawsuit, it doesn't mean they will win. Goldman Sachs could easily prevail. Before we start breaking out the champagne, let's look at what is actually going on.
The unnoted irony of On the Brink is that Paulson wound up in the hot seat in the U.S. Treasury just when the financial speculation he fostered came crashing down.
Operating a business on Main Street is a lot different than lecturing at the Harvard Economic Club. The team Obama surrounded himself with has spent way more time in a faculty lounge than in the corner barber shop.
What if the regulators were better rewarded for their efforts? Much better rewarded? What if they could keep some hefty percentage of the proceeds of every scam they uncovered, every scheme they shut down?
Is it a coincidence that in the world's largest economy, whose military expenditure accounts for half the global total, the most senior posts dealing with money and war are still reserved for men?
This team inspires trust due to their credentials, experience, and unity around Obama's core economic philosophy -- that America is built on a strong, vibrant, thriving middle class.
Neither the Treasury nor the Federal Reserve has done a good job handling the economy, the financial system, regulation. If most of us had their track record, we wouldn't be taken seriously.
Americans aren't whining. They are voicing their justified frustration with policies that put profits over people. They have had it with politicians who stand in the way of change.