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The Trillion-Dollar Solution

Much of today's chatter centers on unofficial word from the Obama-Biden transition team that its economic recovery plan will include $300 billion in tax cuts. As the incoming administration is estimating th

Greed Goeth Before a Crash?

If you haven't seen it yet, check the episode schedule and make sure you don't miss the History Channel's "Crash: The Next Great Depression?". This one-hour special looks at the current economic meltdown in the US and compares and contrasts it with what led up to the...

It's a Wonderful Movie

Every year, I watch the holiday screening of the 1946 film “It’s a Wonderful Life,” and marvel at how relevant the film remains. That was true in spades this year. Most Americans have, intentionally or inadvertently, seen some or all of this film over the years. And...

The Ghost of Reagan Hovers Over AIG

In every article assessing the roots of today's financial crisis, one theme stands out: As would-be Wall Street wizards came up with ever-more-fantastical strategies for making obscene profits, the guardians of the public trust either snoozed or egged them on. The...

Do We Understand How Big The Economic Recovery Plan Is?

We are on the verge of nothing less than a transformation in the role of our federal government, from one of conservative neglect to one of progressive action. Conservatives, deeply fearful of being buried on the wrong side of history, are gearing up to obstruct...

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