Credit Where Credit is Due
By Mike Whitney
Do people realize that the reason their home equity is vanishing, their
401ks have been slashed in half and their jobs are at risk is because Wall
Street was gaming the system with leverage and financial innovation? The
current downturn is not really a recession at all; it's more like a
self-inflicted wound perpetrated by avaricious speculators who put a gun to
the economy's head and blew its brains out.
http://www.informationclearinghouse.info/article22667.htm
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