Print This Post
How the Rich robbed the Poor – The Financial Crisis
Posted by Bear Stern on 19 Nov 2010 11:36 am. Filed under Financial Crisis.
How corrupt and inept bureaucrats in the US Government allowed even more corrupt bankers and financiers on Wall Street to run wild. The behavior of the US Government before, during and after the crisis was the epitome of a corrupt and irresponsible government, rewarding incompetence, creating moral hazard, punishing the prudent, and engaging in the single biggest transfer of wealth from the citizenry of the United States to the Wall Street insiders.
The truth behind the financial crisis of 2007.
Read the whole article, “Dear Uncle Sucker” by Barry Ritholz at http://www.cnbc.com/id/40255045/
Leave a Reply
You must be logged in to post a comment.
