What Do We Want? Change

I am beginning to sound like a one-note trumpet player. Perhaps more like watching a violinist while Rome burns. But the reforms of the United States financial industry ain't gonna' happen. You know it isn't when a pundit in Forbes even admits it isn't going to happen.

To Arianna Huffington's credit, she has been writing about the failure to pursue reform last winter when the "policy window" was wide open (even President Obama's chief of staff Rahm Emmanuel admitted that a crisis provides opportunities for policy changes). Now, with Wall Street's lobbyists out moneying and out gunning everyone, the likelihood for change is, well, zip.

This time around it's up to us to watch our own backs.