Saturday, October 4, 2008

I've seen the needle and the damage done...

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.

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