Left, Right & Center

Banks-rupt; Forestalling Foreclosure; Detroit Doom

Bill Clinton advised Barack Obama to start looking “at the sunny side of the street.” What will the President say on Tuesday as he gives his first address before a joint session of Congress? Will Bank of America be nationalized? Shall we let the banks go bankrupt but still try to save the auto industry? Is elites' closed-door decision-making any way to run a democracy? Plus a dissertation on capitalist, socialist and fascist economics.