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...Tambellini is also well-aware of how critical the college experience is to the development of a young artist’s mind. He says, “Studying on your own, having a personal interest and developing it, is the only way you’re going to learn anything...
...Financial reform is complex, and it's hard for nonexperts to follow which proposals for a derivatives clearinghouse or systemic risk council have teeth and which are sops to the industry. One political attraction of the CFPA is its simplicity: you're for it or against it. After sketchy subprime mortgages helped crater financial markets, even laissez-faire ideologues like Alan Greenspan called for stronger regulations to curb abuses and stabilize the system. And given the well-documented outrages pervading the industry these days - exorbitant overdraft fees, late fees, nuisance fees and balloon payments buried in opaque legalese, slimy yield...
...Realistically, the only way Republicans are going to support a financial-reform bill is if they conclude that they're going to pay a serious political price for obstruction. And they're only going to pay that price if they're perceived as anticonsumer; the finer technical points of derivatives regulations or proprietary trading are not going to move the masses. A new bureaucracy might not scream populism either, but it's probably the best way to portray a vote on reform as a choice between the banks and the people...
...literally crush our economy no matter if you try to tax or borrow your way out of [debt]. It's just that unsustainable. The sooner we acknowledge that, the better off everybody's going to be. That's why we have to get out of this political mess we're in, where everybody demagogues each other and nothing gets done because people are afraid to tackle these challenges...
...country. Our obligation is not necessarily to lead them but to provide them a sense of what a logical conservative position will be," says David Keene, head of the American Conservative Union, which is hosting the CPAC conference. "It's vital that when people come into a movement, they're attracted to the core beliefs...