Since the financial crisis of 2008, discussion of the role big banks play in the American economy and the inherent risk they represent has faded into the periphery. As with many other areas of public policy, a sustained focus beyond a time of crisis is difficult, due mainly to the relative lack of political will. … Continue reading
Tag Archives: TARP
Free but Responsible Markets
Occupy Wall Street started with an emotion: anger. As average Americans dealt with an insecure job market, unemployment, underwater mortgages, and overwhelming increases in the cost of education and healthcare they watched as the financial industry was rescued from its own poor judgment by the federal government. What was perceived was a collusion of massive … Continue reading
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