Reversing Reaganomics:

After decades of Republicans' defining American freedom as a reduction of government oversight of business, we are about to enter an era when, presumably, business, especially financial institutions, will be required to operate under the public scrutiny.

Reagan and his ilk promised the American taxpayer that like Bernie Madoff and institutions like A.I.G. would only and always behave in the public interest because feeding their own greed could only be achieved by behaving honestly. Which is like saying we don't need traffic cops because drivers will never break traffic laws as it is not in their self-interest to do so.

Welcome to the new world of Treasury Secretary Tim Geithner, new head of the financial police.

"Our insatiable demand for illegal drugs fuels the drug trade" — Sec. of State Clinton:

For the first time a high ranking public official admits that America and Americans play a significant role in the problem that affects not only American citizens but other countries as well.