This is unconscionable.

Quoted: Even as the federal government was spending hundreds of billions of dollars to prop up firms, companies were boosting benefits for CEOs.

Quoted: Over the last two years, the rich have become poorer. And many may not return to their old levels of wealth and income anytime soon.

According to Nobel laureate Paul Krugman, this is very good news for the middle class. His recent book details the high income inequality leading up to the Great Depression, the income compression of the 1940s & 1950s, and the return to high income inequality since the Reagan administration.

You just know the Republicans will decry this as another tax increase. Just wait for it on Fox News.

Quoted: The Swiss banking giant UBS on Wednesday reached a final deal with the Justice Department and the Internal Revenue Service in which it will ultimately disclose names and account details for more than 4,450 wealthy Americans suspected of tax evasion.

This is a disgrace. There should be a component of any economic stimulus package that guarantees a job for any returning vet whose prewar job has disappeared. We owe these guys ... big time.

Quoted: National Guardsmen are coming home from Iraq to face a new enemy – a swooning economy that has landed like a KO’d heavyweight on the canvas of their home towns.

Quoted: This year, an estimated 1.5 million Americans will declare bankruptcy. Many people may chalk up that misfortune to overspending or a lavish lifestyle, but a new study suggests that more than 60 percent of people who go bankrupt are actually capsized by medical bills.

Uh oh!

Quoted: With Congress on the verge of limiting penalties on delinquent borrowers, credit card companies are expected to turn to their best customers to make up the difference.

Quoted: The failure of right wing policy and leadership over the past eight years, especially in matters economic, is comparable to Germany's right-wing failure in World War I. It is catastrophic, undeniable, and complete.

Quoted: Summary: In reporting on emails obtained by Fox Business Network revealing discussions involving the Treasury Department about AIG bonuses, Fox News' Jon Scott at no point noted that the emails implicate the Bush administration in approving a $40 billion bailout for AIG without requiring AIG to nullify its employee bonus contracts.

Scary piece about the AIG bailout from New York's Eliot Spitzer.