Here’s more links on my favorite topic … Should Obama Seize Citigroup? – The Opinionator Blog – NYTimes.com The terms of the debate are shifting. The system is unstable without forceful and direct action. The current shareholder and management combinations of our major banks have proven to be a disaster. Get rid of them and […]

Here’s an excellent article in today’s New York Times by David Leohardt about the comparison between our current economic mess and the infamous 1981/82 downturn: Economic Scene – The Economy Is Bad, but 1982 Was Worse I recommend it because we need to keep perspective as we throw around words to describe the current problems. […]

Well, the dramatic fall in bank stock prices is pushing us closer to the day of reckoning when American policy makers will have to face the prospect of full nationalization of at least one, if not two or three, of our largest banks. I have been beating this drum for a while and want to […]