a little part of it in everyone... Neil Young
The damage is done. We have allowed the corporate ideologues and Bush-league political whores to vote themselves the biggest golden parachute in the history of America.
They have chanted 'free-market' while they privatized profits and socialized losses.
They have covered the pasty-white arses of bankers and CEOs while a 90-year-old Akron, Ohio woman commits suicide inside her foreclosed home.
They have pointed fingers at ill-educated borrowers while lowering the standards for lending money - NOT because of any community lending laws - but because they MADE MORE MONEY.
Want to hear loan officers explain what they were doing and why...?
Podcast:
This American Life: The Giant Pool of Money
http://www.thisamericanlife.org/Radio_Episode.aspx?sched=1242
The coming days will be interesting... in a Chinese curse sort of way.
Showing posts with label bank. Show all posts
Showing posts with label bank. Show all posts
Saturday, October 4, 2008
I've seen the needle and the damage done...
Posted by
J. Barrett Wolf
at
10:50 AM
0
comments
Labels: bailout, bank, mortgage crisis, politics
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