
“It was all a lie – one of the biggest and most elaborate falsehoods ever sold to the American people. We were told that the taxpayer was stepping in – only temporarily, mind you – to prop up the economy and save the world from financial catastrophe. What we actually ended up doing was the exact opposite: committing American taxpayers to permanent, blind support of an ungovernable, unregulatable, hyperconcentrated new financial system that exacerbates the greed and inequality that caused the crash, and forces Wall Street banks like Goldman Sachs and Citigroup to increase risk rather than reduce it.”
http://www.rollingstone.com/politics/news/secret-and-lies-of-the-bailout-20130104?print=true
Related posts:
Government Spying Has Always Focused On Crushing Dissent … Not On Keeping Us Safe
Last Exit Coming Up
Has The CIA's Phoenix Program Been Resurrected In Syria?
The Case for Fed Tapering Sooner Rather Than Later
Americans Are War Weary ... And The Neocons Don't Like It
The Ultimate Cheat Sheet For Starting And Running A Business
Mike Gogulski: Is America still a democracy? Who cares? It’s DANGEROUS!
Bob Murphy: The Myth of Wartime Prosperity
David Galland: How to Tell if You Live in a Police State
The Police State Mindset in Our Public Schools
I Bought An Apartment To Rent Out On Airbnb
The Road to Debt-Serfdom
David Graeber, DEBT: The First 5,000 Years [2012]
Using Metadata to Find Paul Revere
Factory-Like Schools Are the Child Labor Crisis of Today