Wow. Here's some economic commentary that knocked my socks off. Elizabeth Warren, Harvard Professor and chair of the Congressional Oversight Panel policing the TARP bailout, lays out our country's financial history in one very simple lesson: regulate the banks or lose. The pertinent part of this video begins at 1:55 into the clip:

Brava, Professor Warren! As Jon Stewart says at the end, this is the first taste of financial chicken soup I've tasted in quite a while.