The American polity is infected with a serious imbalance of power between elites and masses, a power which is the principal threat to our democracy.
Paul Wellstone former U.S. senator, Minnesota
“My view of financial institutions is colored by my years as a prosecutor…None of this surprises me. They are profit-driven corporations that seek to maximize profitability without much regard to social gain.”
Neil Barofsky former inspector general, TARP
“High finance isn’t burglary or obtaining money by false pretenses, but rather a judicious selection from the best features of those fine arts.”
Finley Peter Dunne, Chicago author, 1867-1936
We can either have a rational resolution to the foreclosure crisis or we can preserve the capital structure of the banks. We can’t do both.