A financial crisis is the worst time to change the foundations of American capitalism.

I don't have a whole lot to add to a lot of this lately. I'm just pointing out that there are a significant number of people realize what Barkey is trying to do.

http://online.wsj.com/article/SB123629969453946717.html

Obama's Radicalism Is Killing the Dow

Mr. Obama's $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents -- from George Washington to George W. Bush -- combined. It reduces defense spending to a level not sustained since the dangerous days before World War II, while increasing nondefense spending (relative to GDP) to the highest level in U.S. history. And it would raise taxes to historically high levels (again, relative to GDP). And all of this before addressing the impending explosion in Social Security and Medicare costs.