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Clearly, the only thing that limits the power of the banking lobby is the anger of American voters that the very banks that drove the economy over the cliff and were bailed out by taxpayers are now spending lavishly to block reforms needed to insure this doesn't happen again. That popular anger makes legislators reluctant to appear in the banks' pockets in public.

Why do we need big banks?

Why didn't the White House back the break-up of big banks? | Mother Jones | #p2 http://bit.ly/awxeg3

"...big business has cemented an unholy alliance with big government against the interests of ordinary Americans, who, of course, are the great majority of Americans. The great majority of Americans no longer matter."

Today, Adam Smith's Wealth of Nations is considered a Bible for capitalism, but when published in 1776, it was a blasphemous challenge to the big business, big government mercantilism in Europe. Smith's free market theories expanded economic opportunity, promoted competition and encouraged innovation, in large part, by attacking the "concentrated wealth and power" of Britain's commercial elite.

Li, Minqi Socialization of Risks without Socialization of Investment: The Minsky Paradox and the Structural Contradiction of Big Government Capitalism Publication Date: 9/29/2009

Blown Opportunity #1: Stimulus Package. Blown Opportunity #3: Auto Bailouts. Blown Opportunity #3: Bank Bailouts. No President since FDR has been handed as many opportunities to transform the U.S. into something that doesn't threaten the stability of life on this planet. He has refused to use each and every one of them. Let's look at the big three.

CEOs and others at the top of the corporate ladder engaging in rampant-though often legal-corruption to improve the bottom line and line their own pockets. They gamble with relative abandon on the chance for that "one big one," that "perfect kill." Unfortunately, they're gambling with your money and mine -- without our knowledge or permission.

Liberal democracy ,and even republican self-governance, have always depended on beliefs and civic virtues which the liberal state itself is constitutionally unable to nourish or enforce -- and which big-corporate employment and consumer marketing, quite as much big-government social engineering, does a lot to undermine.

Entire Issue. Article titles: UN & Civil Society; Civil Society & Media Freedom; Religion in it's Place; Women, Civil Society, & NGOs in Post-Soviet Azerbaijan; Lazarus Rising: Civil Society & Sierra Leone's Rise from the Grave; Framing Democracy: Civil Society & Civic Movements in Eastern Europe; American Creed: Philanthropy & Rise of Civil Society (1700-1865), etc.

Big, wealthy oil companies like BP are usually expected to pay to the cleanup costs themselves. But that still leaves the cost of all the indirect damage to fisheries and wildlife habitats in the area. In that case, under current law, an offshore rig operator is liable for up to $75 million in damages. After that, the federal government picks up the tab, using an oil spill liability trust fund that's paid for by a tiny tax on oil (amounting to one-tenth of 1 percent of the price).