Wednesday, December 15, 2010

some news from the financial fiasco:

The Republicans' move puzzled some observers.
"The four Republicans appointed to the commission investigating the root causes of the financial crisis plan to bypass the bipartisan panel and release their own report."
Puzzling?  Not so much...

The mega-banks behind the meltdown:
What’s missing from this story is the fact that this was a self-inflicted wound for which the rest of us are picking up a massive tab

Wall Street pushes for delay in rules to curb speculation:
Why does it feel as if big bizness has me by my nuts?

What is at the root of the problem?

No comments:

As Jim Hightower explains it, is that “the wealthiest 1 percent of Americans possess more net worth today than the bottom 90 percent of us combined. Worse, these privileged few and their political henchmen have structured a new economic ‘normal’ of long-term joblessness, low wages, no benefits or worker rights, miserly public services, and a steadily widening chasm between the rich and the rest of us.” We must restore sanity to this nation.