Ah yes, America used to have financial sovereignty but now the only financial sovereignty that is relevant is that of the 1%.

http://news.yahoo.com/fed-clears-chinas-first-us-bank-takeover-012927575.html

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Can Democrats Set Out a New Path?

Democrats must embrace a pro-government platform, not run away from it.

Those were the sentiments of Senator Chuck Schumer today, in a speech given at the National Press Club. Talking about the reasons for Democrats’ losses on Election Day, Schumer said that those losses were proof that the American people and middle-class want a government that will work more effectively for them.