Actually, a Financial Crisis is just another way of "Redistributing Wealth". Put more simply, a wise old man once told me, "In a Depression, the money doesn't go away. It just goes someplace else". The next time you vote Republican, hum the tune, "Where has all the Money gone?".
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No our best defense is getting rid of Fannie and Freddie and making baks have skin in the game
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No. Glas-Steagall was. Frank Dodd was useless. Simpler to reinstate GS, read the history. It kept crisis like 2008 at bay for decades.
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Shorter work time with no cut in pay is the key to increasing employment and well being amongst the citizenry.
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ship has sailed
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