The euro is in trouble, and one needn't have looked any further than the regime shakeups of 2011 for proof: both Greece and Italy lost prime ministers over the fury of the economic crisis. How did Europe's debt crisis so bad?

Fannie Mae did not contribute marginally to the financial crisis. It was the source of the declining mortgage underwriting standards that brought down the system.

The nuclear industry and government officials in Japan are compatriots in what is popularly referred to as the "nuclear power village". Watchdog Nisa is known as a cushy home for Tepco officials either on the way out or the way in.

Rather than making radical changes or pushing political agendas when calamity befalls us, we must first cope with the hand we've been dealt.

Canada's experience demonstrates that government-subsidized housing finance is not necessary to promote home ownership.

As the crisis spreads from the financial sector to the broader economy, government emergency measures look increasingly inadequate.

The object of the governmentbailout is to prevent bad debts at one financial firm from destroying credit throughout the U.S. and global economy.

Government policies promoted a systematic loosening of underwriting standards in an effort to promote affordable housing, which then contributed mightily to the housing bubble, mortgage meltdown and resulting financial crisis.