Only institutions that go about the old-fashioned business of taking in deposits from customer A and lending them out to customer B should be called banks. The rest should call themselves what they are. 'Parlors' would be appropriate, or 'dens' - words more suitable to venerable betting pursuits.
The danger of leaving overwhelming wealth and power in the grasp of a small minority is a lesson that leaders such as ousted Tunisian president Zine el-Abidine Ben Ali and deposed Egyptian president Hosni Mubarak have learned a little too late, as the demonstrations across the Arab world indicate.
It could fairly be said that the U.S. is increasingly out of step with the rest of the world. As our neighbors to the south elect left-wing or even socialist governments, we are lurching further to the right. As Europe becomes less engaged to the Church, we are becoming more fundamentalist.
Former vice president Al Gore has devoted his post-administration years to a mission to tell the world about global warming. It's funny, but in his civilian life Gore has discovered the voice that voters had trouble hearing when he ran for president in 2000. The voice he has found is clear, impassioned, and moving.
To discuss a Martin Amis book, you must first discuss the orchestrated release of a Martin Amis book. In London, which rightly prides itself on the vibrancy of its literary cottage industry, Amis is the Steve Jobs of book promoters, and his product rollouts are as carefully managed as anything Apple dreams up.