The Obama administration's plan is to have the Federal Reserve regulate banks that might pose a 'systemic risk' if they were to fail.
Thomas FrankWhen you take somebody's quote out of context, which happens all the time, nobody's ever going to go and do the research on their own and figure out that you got it wrong.
Thomas FrankCorruption is uniquely reprehensible in a democracy because it violates the system's first principle, which we all learned back in the sunshiny days of elementary school: that the government exist to serve the public, not particular companies or individuals or even elected officials.
Thomas Frank