tag:blogger.com,1999:blog-5387053284149226571.post1378124504537729778..comments2024-03-28T03:21:19.079-04:00Comments on The Coming Depression: The Bankruptcy of Corporate AmericaEconomic Analysthttp://www.blogger.com/profile/04338902162073990568noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5387053284149226571.post-7999472950100718312011-06-12T15:03:35.697-04:002011-06-12T15:03:35.697-04:00If more of you would watch C-Span or especially Bo...If more of you would watch C-Span or especially Book TV, you'd see investigative reporting that would horrify you--or at least make you reach for pitchforks and torches.<br /><br />Everyone acknowledges that the financial meltdown was caused by fraud. But almost no one has been prosecuted by the Justice Department. The probable reason is bribery. Congress and the White House (and the party makes no difference) just get too much money from corporations and banks.<br /><br />When 400 hedge fund managers earn as much as the bottom 50 million workers, you know damn well those hedge fund managers will get anything they want. The same goes for the oil and gas companies, big pharma, investment banks, big agriculture, etc. If ordinary people die in the process, these thieves don't give a shit.<br /><br />No matter whom we elect, we won't get any hope and change without revolution. Perhaps another meltdown of companies who are now bigger and too big to fail, and using taxpayer money to save them yet again, will be the trigger.sharonsjnoreply@blogger.comtag:blogger.com,1999:blog-5387053284149226571.post-77438586872009572272011-06-10T22:16:35.220-04:002011-06-10T22:16:35.220-04:00"Home Prices May Drop Another 25%, Shiller Pr..."Home Prices May Drop Another 25%, Shiller Predicts"<br />.<br />No shit. Tell me something I didn't know, and haven't known for the past 5+ years.Anonymousnoreply@blogger.com