On the other hand, expanding jobless claims to 52 weeks seems like a no brainer--not because it's awesome stimulus, but because it would be nice if people who can't find jobs in a severe economic contraction don't have to take up a second career as bank robbers.
Bankers are not criminals. As a class, they are exactly as self-interested, self-destructive, and short-sighted as other classes of people that liberals want less highly regulated, such as unions and community organizers. I don't view the purpose of regulation as punishment, or protection against a malevolent class. I view it as an attempt to make our institutions more effectively channel self-interest into collectively welfare-enhancing activity. Thus you can see why I might be somewhat uncomfortable with those who seem to view the crisis as an exciting opportunity to put those uppity bankers back in their place.
Megan assumes bankers are honest and poor people are dishonest. This fits in nicely with her theory that only rich people can be moral, because people are only moral if it benefits them. That may be Megan's belief, but it's not everyone else's.
It's so tiresome to have to constantly fight against immoral, shallow people. Why don't they just stick to little jobs that don't harm anyone, instead of trying to swim with sharks?
A person with such poor ethics and judgement should not be advising others about money.