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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.

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Why Are Americans Passive as Millions Lose Their Homes, Jobs, Families and the American Dream?

If the banks can create trillions of dollars in credit out of thin air for lending, why can't the government create it for the people? Read about introducing $2.5 trillion of debt-free money into the economy (via the Cook Plan). Pretty radical suggestions here. But they make sense to me.

Isn't it fiinally time to enact a "basic income guarantee"? The lack of individual and family income security in the midst of a highly-developed economy is a travesty under any circumstances. But the contradiction of "poverty in the midst of plenty" that has plagued the world since the start of the Industrial Revolution is becoming much more grave in the U.S. and abroad. The problem, of course, is one of distribution of earnings, and excess production capacity relative to available income... Winston Churchill gave eloquent testimony to this conundrum of the modern age when delivering the Romanes Lecture at Oxford University on June 19, 1930. This was a few months after the crash of the U.S. stock market marked the start of the Great Depression. Churchill said: "Who would have thought that it would be easier to produce by toil and skill all the most necessary or desirable commodities than it is to find consumers for them? Who would have thought that cheap and abundant supplies of all the basic commodities would find the science and civilization of the world unable to utilize them? Have all our triumphs of research and organization bequeathed us only a new punishment: the Curse of Plenty? Are we really to believe that no better adjustment can be made between supply and demand? Yet the fact remains that every attempt has failed. Many various attempts have been made, from the extremes of Communism in Russia to the extremes of Capitalism in the United States. They include every form of fiscal policy and currency policy. But all have failed, and we have advanced little further in this quest than in barbaric times. Surely it is this mysterious crack and fissure at the basis of all our arrangements and apparatus upon which the keenest minds throughout the world should be concentrated.

These days America is looking like the Bernie Madoff of economies: for many years it was held in respect, even awe, but it turns out to have been a fraud all along.