Thursday, December 05, 2013

Prospects for Reform DOA

The titanic transfer of wealth from the U.S. Treasury to private equity in the form of Wall Street banks means that prospects for reform are DOA. With much of our wealth now in the hands of those who corrupted public institutions through the Reagan revolution, governance in the US will increasingly concentrate the power of Wall Street to control every aspect of our lives, and to profit from the misery they cause.

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