Norman: Is that dangerous, though? Because we’re seeing, like we said earlier, this populist revolt which, right now, it’s orderly. But the emotions are high. They're running very, very high. And you talked earlier, in the last interview, about the Supreme Court decision, the amount of money, now, that could flow into the political process well beyond what we saw before, with the elimination of spending caps for corporations, etc. Won't this create this two-tier … you have the electorate, the ordinary folks desperate for change. And you have the elite, or the corporate or the large institutions that can effect change for what they're looking out for. Are we in a dangerous moment right now?

Fichera: The word, probably, would be precarious rather than dangerous, in terms of inflaming the situation. We are, clearly, in that moment. Replacing Bernanke at the Fed would not necessarily reduce the risk factor of that moment. I do agree with you that a second stimulus would probably help if Bernanke and other people would speak to that need.

It was the former Fed chairman, Greenspan, who, when he spoke on various things, killed the … or even one of the things that blew up our deficit, obviously, was the Bush tax cuts, where he didn’t have a problem with that, which obviously fueled some different parts of the problem that came about.

Look, the need for financial services reform … the Fed has tried to take some actions directly on their own on trying to bring in the bonus system and other types of things. It hasn’t had a lot of followership from the Congress. We’ve had a problem: the difference between a House bill vs. the Senate bill, in terms of reform. It now appears that we’re going to probably get hopefully more leadership from the House side vs. Senator Dodd ... but we don’t know. Tim Johnson is an untested person to be chairman of the Banking Committee.

So, we are in that precarious moment. I think that the political system is going to drive this. Hopefully, by the time this airs, we will get some greater certainty from the State of the Union and whether Bernanke is in place, and be able to see Volcker and his group providing more leadership, which I think we need.

Norman: All right. Precarious, not dangerous. You heard it here. So, that’s it for now. I want to thank Joseph Fichera, my guest. And this is Mike Norman, signing off. We’ll see you next time; take care. Bye-bye.