Remembering the Dawn of the Age of Abundance
Times are hard, but dynamism isn't dead says Peggy Noonan in todays WSJ.

Money for Idiots
David Brooks says, "The greedy idiots may be greedy idiots, but they are our countrymen. And at some level, we're all in this together. If their lives don't stabilize, then our lives don't stabilize."

Who'll Stop the Pain?
Paul Krugman asks, "What's supposed to end this slump? No doubt this, too, shall pass - but how, and when?"

U.S. Tries a Trillion-Dollar Key for Locked Lending
Largely hidden from view is a vast financial system that serves as the banker to the banks. And, like many lenders, this system is in deep trouble. The question in this article from the NY Times is how to fix it.

Newly Poor Swell Lines at Food Banks
A rapidly expanding roster of child-care workers, nurse's aides, real estate agents and secretaries facing a financial crisis for the first time are turning to food banks according to this NY Times article.

SEC to Examine Boards' Role in Financial Crisis
Securities and Exchange Commission Chairman Mary Schapiro plans to look into whether the boards of banks and other financial firms conducted effective oversight leading up to the financial crisis in this Washington Post story.

Mortgage Rescue Eligibility Still Being Finalized
The Washington Post reports that a day after President Obama unveiled his $75 billion foreclosure prevention program, administration officials yesterday said they were still determining which homeowners should qualify.

Deregulation and the Financial Panic
Loose money and politicized mortgages are the real villains according to Phil Gramm in todays WSJ.