Elizabeth Warren video below, with Jon Stewart last week. In it she explains the nexus of the financial problems we have from the banking point of view - at a level perhaps in a way that would not go over the head of Joe 6Pack. Of course, banks were not the only culprit - "we" all were ... consumers, government, oligarchs - but the consumer is "fixing herself" in forceful nature (no other option) and the government is hopeless to fix. So that leaves the oligarchs...
Can you imagine a Treasury Secretary with a pragmatic person such as this, who is not beholden to the top handful of financial institutions? [
Aug 13, 2009: The Parallel Reality: Nassim Taleb and Elizabeth Warren]
8 minute video - email readers will need to come to the site to view.