Ted Kaufman: “The most powerful economic-political machine in the history of the world--the United States--is spending one-third on…”

I think disclosure is really the root of a lot of these problems.

When we get in, if they win, the pantry is going to be bare. When you see Trump's done to the deficit, forget about COVID-19, all the deficits he built the incredible tax cuts.

Widespread cheating and fraud of the sort that drove the speculative housing and derivatives securities bubbles are anathema to public confidence in the markets.

In the words of Ben Bernanke, America was on a course for 'a cataclysm that could have rivaled or surpassed the Great Depression.'