Quoted: Efforts to stabilize the financial system also set the stage for financial titans to make fortunes in more lucrative areas than lending people money.

Quoted: The Great Recession was the result not only of lax regulation in Washington and reckless risk-taking on Wall Street but also of faulty theorizing in academia.

Quoted: Sorry, it's not over yet. This downturn will be severe and long-lasting, and profoundly re-shape our lives, culture, society and the world.

Quoted: A new poll shows a substantial majority of Americans have resigned themselves to the reality of our nation's perpetual foreign wars. They don't like it, but they see it happening and know there is nothing they can do about it. The poll, conducted by Clarus Research Group, showed that 68 percent of us agree with idea that we won't either win or lose the war in Afghanistan , now eight years long, but will instead just remain there. The image of flies and flypaper again swirls in my head, just as it did at the time of the invasion of Iraq. We invaded these places and now we're stuck there, and President Barack Obama is likewise stuck, not on flypaper, but on the horns of a dilemma: Does he send tens of thousands of additional troops to Afghanistan, as his area commander, Gen. Stanley A. McChrystal, has publicly demanded, or does he change strategies a la Joe Biden and rely more on special ops and drones to harass the Taliban and kill whatever members of al-Qaeda we can find?

America has a problem

Quoted: Glenn Greenwald, New York Times bestselling author and former constitutional law and civil rights litigator, shares opinions through his political blog.

hm...

Quoted: California may be the eighth largest economy in the world, but its state staff are being paid in IOUs, unemployment is at its highest in 70 years, and teachers are on hunger strike. So what has gone so…

excellent

Quoted: The Short and Simple Story of the Credit Crisis. Crisisofcredit.com The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated. This project was completed as part of my thesis work in the Media Design Program, a graduate studio at the Art Center College of Design in Pasadena, California. For more on my broader thesis work exploring the use of new media to make sense of a increasingly complex world, visit jonathanjarvis.com. Support the project and buy a T-Shirt! cafepress.com/crisisofcredit © Copyright 2009 Jonathan Jarvis

Quoted: A new book explains how American culture and an out-of-control financial industry combined to create a mountain of credit-card debt