Checks and Balances

Ron Wolff: Government is simply the institutionalization over time of the collective will of the people at any given moment, established with at least one essential objective in mind: the prevention of the inevitable chaos that would result in its absence.

The White House Should Stop Pandering to the Street; Support Three Critical Banking Reforms

Goldman Sachs

Robert Reich: The White House dismisses all three of these three measures “populist,” as if that adjective is the equivalent of “irresponsible.” But in fact, these amendments are necessary in order to restore trust in our financial system. They would reduce Wall Street’s tendency to take huge risks, pocket the wins, and fob off the losses on the public.

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