Financial Reforms Moving Fast (WaPo)
Ezra Klein reminds us that quick-moving legislation is not necessarily a good thing, especially when it comes to the nuances of financial reform.
Obama Mortgage Aid Plan Won't Help Many (CBS)
The Congressional Oversight Panel insists that Obama's mortgage aid plan will simply not be able to keep up with the foreclosure crisis.
Obama Makes Progress on Nuke Security, Less So on Iran (TIME)
Obama's Nuclear Security Summit has come and gone with little to no progress made on Iran's nuclear capabilities.
Taxes Over Time (Economist'sView)
Mark Thoma puts deficit hawks to rest with the hard fact that taxes on the affluent have decreased more than any other demographic in recent decades.
Tom Adams: The Myth of "Insatiable" Investor Demand for CDOs (NakedCapitalism)
Tom Adams exposes scapegoating in the financial crisis, pointing to the myth of investor demand for subprime deals and CDOs a cause of the crisis.
Final Destination "Rising Public Deficits" With a Stopover in "Falling Public Deficits" (AngryBear)
Rebecca Wilder cuts through the national deficit to get to what matters most in this broken economy: jobs.
Bill Would Require Derivatives Trading to Occur on Exchanges (NYT)
Bipartisan support has been reached on a bill that will finally begin to reign in the risky derivatives industry.