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kpete

(71,996 posts)
Wed Mar 14, 2012, 09:09 PM Mar 2012

Robert Reich: "Moral Rot...Turning Our Democracy Into A Financial Slush Pump"

Robert Reich

There is moral rot in America but it’s not found in the private behavior of ordinary people. It’s 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
Getting so bad I CAPHAVOC Mar 2012 #1
What's a Punk Patriot? Jkid Mar 2012 #2
A patriot that is also a punk nt sudopod Mar 2012 #7
Reich hits another home run. bvar22 Mar 2012 #3
So on point that any argument against is senseless drivel. TheKentuckian Mar 2012 #4
Time to drain the swamp. mick063 Mar 2012 #5
Kicked and recommended. Uncle Joe Mar 2012 #6
K&R woo me with science Mar 2012 #8

bvar22

(39,909 posts)
3. Reich hits another home run.
Thu Mar 15, 2012, 02:07 PM
Mar 2012
"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 it’s 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.
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