"..He's back and in denial in a March 11 Wall Street Journal op-ed headlined: "The Fed Didn't Cause the Housing Bubble." He lied, the way he did throughout his career and for 18.5 years as Fed chairman. How else could he have kept the job..
Across the board, his Fed tenure outraged William Greider enough to call him one of "the most duplicitous figures (ever) in modern American government" who used his position to "corrupt the political dialogue" to sell snake oil to Congress and the public and be a willing co-conspirator in the theft of trillions going back to the early 1980s before his Fed days. He championed derivatives, securitization, and deregulation. He believed unfettered markets work best so let them and told a congressional committee in the mid-1990: "Risks in financial markets, including derivative markets, are being regulated by private parties. There is nothing involved in federal regulation per se which makes it superior to market regulation." In other words, let capital operate freely, plunder at will, and have no regulatory restraints regardless of the harm caused.."

Output per worker, efficiency or productivity, increased 25% from 1923-1930 while wages only increased 4%. The first problem today is that people can't afford what whey produce. The second problem is that we've been consuming the planet.

Richard Wolff teaches economics at the University of Massachusetts at Amherst. "From 1820 to the 1970s, higher productivity led to higher wages. In the last 30 years, there was an explosion of profit along with stagnant wages.."

Susan George, author of 14 books including "The Debt Boomerang," is honorary president of Attac (France). In this address from Nov 3, 2008, she explains how the financial crisis can be used to tackle other crises.

What the Europeans really think about America's regulatory blunders
On a popular talk show, Oscar lafontaine made this provocative comparison: "To put a former Goldman Sachs chairman in charge of the US Treasury (and the US rescue operation to combat the financial crisis) is like putting a drug baron in office to fight the war on drugs."

"House of Delegates 46 A" license plate on a Honda SUV photographed illegally parked in DC. District 46 is Baltimore City. Which Delegate allowed their chauffeur to do this?

Barak Obama announces that everyone is coming home except for several dozen thousands of soldiers. From the Daily Show with Jon Stewart, March 4, 2009

"Mainstream politicians want to "fix" capitalism so we can return to a state of steady economic growth. But capitalism is broken when it is growing — we don't want to return to business as usual. How can we use this period of economic collapse to move farther away from capitalism?"