The shocking revelations about the banking industry are not shocking. It is a failed industry. It deserves to be known as a cesspit – a term used by a British regulator. The collapse of banking morality and the total absence of ethical standards within the largest banks is hardly news. But to see so many […]

I think Paul Krugman touches a nerve today. So it’s worth passing along. His op-ed today points at the heart of our current problems. This is a theme I have been bashing away at myself. Perhaps not so eloquently. The stark contrast between the fortunes of Romney Senior and Romney Junior stand as vivid reminders […]