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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRobert Reich: "Moral Rot...Turning Our Democracy Into A Financial Slush Pump"
Robert Reich
There is moral rot in America but its not found in the private behavior of ordinary people. Its located in the public behavior of people who control our economy and are turning our democracy into a financial slush pump.
moreL
http://robertreich.org/post/19266068257
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Robert Reich: "Moral Rot...Turning Our Democracy Into A Financial Slush Pump" (Original Post)
kpete
Mar 2012
OP
CAPHAVOC
(1,138 posts)1. Getting so bad I
Might join OWS and become a Punk Patriot.
Jkid
(1,524 posts)2. What's a Punk Patriot?
sudopod
(5,019 posts)7. A patriot that is also a punk nt
bvar22
(39,909 posts)3. Reich hits another home run.
"The windows Wall Street broke in the years leading up to the crash of 2008 remain broken. Despite financial fraud on a scale not seen in this country for more than eighty years, not a single executive of a major Wall Street bank has been charged with a crime.
<snip>
Nor have any of the lawyers, accountants, auditors, or top executives of credit-rating agencies who aided and abetted Wall Street financiers been charged with doing anything wrong.
And the new Dodd-Frank law that was supposed to prevent this from happening again is now so riddled with loopholes, courtesy of Wall Street lobbyists, that its almost a sham. The Street prevented the Glass-Steagall Act from being resurrected, and successfully fought against limits on the size of the largest banks."
http://robertreich.org/post/19266068257
<snip>
Nor have any of the lawyers, accountants, auditors, or top executives of credit-rating agencies who aided and abetted Wall Street financiers been charged with doing anything wrong.
And the new Dodd-Frank law that was supposed to prevent this from happening again is now so riddled with loopholes, courtesy of Wall Street lobbyists, that its almost a sham. The Street prevented the Glass-Steagall Act from being resurrected, and successfully fought against limits on the size of the largest banks."
http://robertreich.org/post/19266068257
Yes, Virginia,
There ARE Two Americas.
Thanks, and a DURec!
You will know them by their WORKS,
not by their excuses.
[font size=5 color=green]Solidarity99![/font][font size=2 color=green]
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TheKentuckian
(25,026 posts)4. So on point that any argument against is senseless drivel.
K&R
mick063
(2,424 posts)5. Time to drain the swamp.
No more Goldman Sachs folks in our cabinet please.
Uncle Joe
(58,365 posts)6. Kicked and recommended.
Thanks for the thread, kpete.
woo me with science
(32,139 posts)8. K&R