We are watching industries crumble, Wall Street firms disappear, unemployment spike, and unprecedented government intervention. And our designated opinion leaders want to know: Is Obama up this week? Is he down? And is his leadership style more like Bill Clinton's, or Abraham Lincoln's?

As you may recall, Truman was extremely unpopular when he finally left Washington in 1953, thanks largely to the Korean War. Today, however, he is thought to have been a solidly good president, a 'Near Great' even, in the terminology of those surveys of historians they do every now and then.

Thanks to a deal finalized in 2008, Chicago’s parking meters will be operated for the next 75 years by a group of investors put together by Morgan Stanley, including the sovereign wealth fund of Abu Dhabi.

Markets are interested in profits and profits only; service, quality, and general affluence are different functions altogether. The universal, democratic prosperity that Americans now look back to with such nostalgia was achieved only by a colossal reigning in of markets, by the gargantuan effort of mass, popular organizations like labor unions and of the people themselves, working through a series of democratically elected governments not daunted by the myths of the market.

A lot of populists after populism died just became socialists. At the beginning of the 20th century, socialism looked like it was going to take off. It didn't, of course, but a lot of people thought it was going to.

This aesthetic quality, then, is what politics is all about. It's authenticity that separates winners from losers, good politics from bad, and he-man leader-types from consultant-directed puppet-boys.

In America, we no longer have an institutionalized, organized way of calling business to task - of taking them to account for what they've done - and this is especially true in the cultural realm.