According to this article, we are being robbed by the Bush administration and other market insiders. Apparently the bailout for investment banks is being used to 'pump & dump' the stock market so market financiers can milk common investors for everything they have.
If you thought the real estate bubble's pop has been severe, then you are going to die of fear when you understand how overblown the financial market has gotten. The derivatives market, which allows investors to place bets on future market performance, has ballooned to more than the gross domestic product of the entire world! Well over 100 trillion dollars worth of paper wealth is at risk. There is no way to save it without enslaving taxpayers the world over for a very long time.
Campaign Finance Reform
14 years ago
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1 comment:
The article is great! Forget mainstream media. I can't believe they don't talk about all those issues in depth. People need to be educated about this, otherwise they fall prey to media and to our corrupted politicians.
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