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.
Saturday, October 4, 2008
I've seen the needle and the damage done...
Posted by J. Barrett Wolf at 10:50 AM
Labels: bailout, bank, mortgage crisis, politics
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment