FROM David Hirschmann
Is It Time to Bust the Trusts Again? In a major shift from his days as head of the Federal Reserve, Alan Greenspan said last week that America's major financial institutions are "too big to fail." He said that means they're too big and ought to be broken up. But even new regulations to limit excessive risk and protect consumer finance may be in trouble on Capitol Hill.
Is It Time to Bust the Trusts Again? In a major shift from his days as head of the Federal Reserve, even Alan Greenspan said last week that it's time to break up those banks and brokerages that are "too big to fail." The financial giants are handing out billions in bonuses again, and they've spent $224 million lobbying against efforts to regulate excessive risk. But their critics insist they're the ones who brought the global financial system to the brink of collapse. Ninety-nine smaller banks have failed during this year alone. Citibank and Bank of America aren't doing so well. If the financial system isn't repaired, will it be taxpayer-bailout time all over again?
What is Trump's plan for Middle East peace? On his first foreign tour, President Trump has promised "peace" between Israel and the Palestinians. Are there any details for re-starting talks that have been stalled for the past three years?
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.