Recommended - We Can't Subsidize Banks Forever

I recommend Richardson & Roubini's article in today's Wall Street Journal, We Can't Subsidize Banks Forever. Roubini, remember, is the economist who so accurately predicted this fiscal crisis in the first place, years ago.

This is another public worry, by prominent economists, that the administration, because of too-close ties to Wall Street, is refusing to do the hard things that are necessary to repair the financial system.