Banks Own the US Government

There are smart ways to raise money and regulate the market, but Wall Street is working to kill any meaningful financial reform

we are looking at the most severe economic downturn since the Great Depression. The cumulative lost output over the years 2008-2012 will almost certainly exceed $5tn. That comes to more than $60,000 for an average family of four. This is the price that we are paying for the bankers' greed, coupled with incredible incompetence and/or corruption from our regulators.

Under these circumstances, it would be reasonable to think that the bankers would be ... Full Story »

Posted by Dwight Rousu
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Subjects: Business, Politics, Living
Topics: Finance, Corruption in Congress, Money and Politics, Money, Corruption
Member Tags: Corruption in the Executive Branch
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Posted by: Posted by Dwight Rousu - Jul 2, 2009 - 1:23 AM PDT
Content Type: Article
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Edited by: Dwight Rousu - Jul 2, 2009 - 1:23 AM PDT

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4.2
by Dwight Rousu - Jul. 2, 2009

Baker looks at the Banks owning our legislators and looks at the dismal prospects for reform and oversight that is meaningful.

The banks are aggressively pushing their case in Congress and Obama administration. Not only are we not going to see bankruptcy reform, but any financial reform package ... More »

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4.1
by Tanya J. Maurer - Jul. 2, 2009
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