profound. we have done it in the past. we used to have one hell of a great middle class nation. these things were under control. we didn t have when you think of the number of people that are excluded. i want to get at reihan s core point which is central to how we think. it is very global. let s talk about it in terms of finance. i think it is central to how we think about the response to the financial crisis. it is starting to be articulated now. you have had jamie with one of the most interesting testimonies to the financial crisis inquiring commission was from jamie dimon. he talked about the ceo of jpmorgan, his daughter called him up and said, why is there a financial crisis, what s going on? he said, it is the kind of thing that happens every five or seven
we know that he has never been held to account for his role in crafting the torture regime. we know republican obstructionism in the senate is so total and complete the president was even forced to reappointment this man, william boreman as printer of the united states. after serving in that role for a year, william boreman was forced to appoint his deputy because the senate never confirmed his nomination. printer of the united states. we know rick perry spent about $364 for every vote he got in iowa. we know in at least one poll he is tied with our friend buddy roemer in new hampshire. thanks to scientists at queens land there s apparently a new hybrid species of shark produced by two distinct species mating. we know such hybridization is extremely rare. we know they suspect global warming is responsible for altering ocean temperatures and expanding habitat of one of those types of sharks. we know earthquakes in youngstown, ohio, on christmas eve and on new year s eve were
judicial body that oversees the enforcement and education of labor law disputes for private sector employees in this country. the nlrb has essentially was not functional for the first 14 months of the obama administration. it could not have a quorum. it had five people. it only had two. finally, they got it to three and when those appointments expired, it was back down to not being functional. the reason these three appointments happened was because the nlrb was not functioning. it would be as if the supreme court didn t have enough to rule on any cases. that was the case for 14 minutes. no one really knew about it and no one much cared except for the chamber of commerce, which was happy to see the nlrb not operational and enforcing labor law. the approximate cause of the way it has become political is the case that the nlrb brought a case against boeing when boeing
with one country or another, but they are much more tightly defended and protected than a truly competitive sector. i want to respond to this. i think this is this idea of this sort of you know, that you addition the response here that you have to a lot of the mrobz and the political economy which i find attractive and intellectually honest and intriguing, is that we have a problem with insufficient competition. incumbent interest, rent seeking, corporate government access keeping people out. and i think that there s only a fuel employment in that scenario is with leverage. you don t have it through two companies. one, we ve seen there are different ee qua lib lee yum. right now we re in one in which that s a skewed distribution. the second thing, how many airplane manufacturers are we going to have in the snus certain industries that are just not going to be that much competition. we ll talk about mitt romney s jobs record and how he helped sort of bring about exactly the
very sleepy is that you very rarely here the recourse rule. they relate to the rules of the game for the banks and one of those rules was, hey, guys, if you buy these aaa rated mortgage backed securities, don t worry about your capital cushion. if i m a bank, i want to leave it up as much as possible to make a ton of loans. that s the rule. i guess all this can max out on that. right. that was arguably a proximate cause. if you want save stuff, go with the treasury. the banks are profit bad, profit hungry people unlike the noble public option. it is the taming that the problem? the constant effort to regulate and ensure in a way that s going to create and make