Ellen Brown: “Too big to fail” now trumps all. Rather than banks being put into bankruptcy to salvage the deposits of their customers, the customers will be put into bankruptcy to save the banks.
any of the social, economic and political ills facing the United States will cost tens of billions to fix, from updating the power grid and building a high-speed rail network to dealing with climate change and revitalizing public education. Solving the problem of homelessness should be easy because it will cost billions less to fix […]
Friday Feedback: This week, go99ers comments on Ellen Brown’s analysis of another shady Wall Street practice: interest rate swaps: “This past week, ex- employee of the month Greg Smith said that Goldman-Sachs referred to our local bureaucrats and the gullible suckers at the raw end of a swindle as “muppets.” So according to them, WE are all muppets, suckers to be swindled. WOW!!!!”