This piece by James Glassman points out the fatal flaw in the debate over financial reform. http://blogs.reuters.com/james-pethokoukis/2010/05/05/4-ways-congress-caused-the-financial-crisis/
Our representatives in congress and administrative officials in both parties were prime movers and enablers of our financial crisis. Apparently, the best way to avoid political fallout is to not mention that fact in the debates for reform. Our political elites are trapped in a time warp of old politics and new financial realities. This paralysis will not serve us well.