In other countries they have histories with revolutions and class movements. In America, people don't like to think of themselves like being in a lower class. They all like to think of themselves as potential millionaires.

There are times when American politics seems like little more than two groups in a fever to prevent each other from trespassing upon their respective soothing versions of unreality

If the law doesn't apply equally to everybody, then you don't really have a system of law.

The only reason investors haven't run screaming from an obviously corrupt financial marketplace is because the government has gone to such extraordinary lengths to sell the narrative that the problems of 2008 have been fixed.

Ratings agencies are the glue that ostensibly holds the entire financial industry together.

The failure to work out sensible budgets makes it impossible for government agencies to make long-term plans, and instead leaves them scrambling to spend money in the short term.

Over the years, many in the public have become numb to news of financial corruption, partly because too many of these stories involve banker-on-banker crime.