The Roaring 2020's: We Can Fix our Future, Part 2 of 2
May 28, 2026
Mary Fricker
The Roaring 2020's: We Can Fix our Future, Part 2 of 2

(This is a two-part presentation, with Part 1 on May 21, and Part 2 on May 28.)

America, we can fix what went wrong.
      The problem is clear:  We’ve become a Land of Un-Equal Opportunity, where the wealthiest 10% of Americans get half the nation’s income and have two-thirds of the nation’s wealth.
      We are an eerie image of the Roaring 1920s. Some historians warn we may be approaching a breaking point, a 1929-style crash with catastrophic losses. 
       That’s because for 50 years both parties in Washington have been deregulating finance, trying to boost the economy but instead creating an unseen world of money that is out of control. 
      This has caused two dangerous problems:
•    Our rich are getting super rich while working Americans feel stuck, a strong predictor of a coming financial collapse
•    Our financial markets are unstable and dependent on frequent Federal Reserve bailouts.
      This is not rocket science. Researchers have been documenting these problems for years.
      Nine simple, nonpartisan fixes that are fair to everyone can get America headed in the right direction again.
      Both political parties now say that their #1 goal is to help middle Americans. 
      I say, prove it.  
      A new generation is coming into Congress.  It’s time to move beyond the blame game and get busy.
      America, we got this.

Who's Mary Fricker?

         Mary Fricker is an independent business reporter who has retired from The Santa Rosa (Calif.) Press Democrat. She freelances and also publishes www.repowatch.org, which tracks the repurchase market (“repos”) and shadow banking and won the Best in Business 2012 award for digital blogs, all sizes, from the Society of American Business Editors and Writers.  
         In 2010 she received the McGill Medal for Journalistic Courage from the University of Georgia for her work with the Chauncey Bailey Project in Oakland, Calif. (www.chaunceybaileyproject.org). 
        Among her other awards are three Investigative Reporters & Editors awards, the UCLA Gerald Loeb Award, the George Polk award, several New York Times Company Chairman's Awards, the National Headliner Award and Associated Press and California News Publishers Association awards for business reporting. 
        She was co-author of the New York Times best-selling book "Inside Job - The Looting of America's Savings and Loans" published by McGraw-Hill (1989) and HarperCollins (1990). 
         She is a graduate of the College of William & Mary in Williamsburg, Virginia.

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