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Wall Street Cheats the Middle Class Again

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GoLeft TV Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-03-10 12:41 PM
Original message
Wall Street Cheats the Middle Class Again
 
Run time: 07:51
https://www.youtube.com/watch?v=XDrD0VtY4SM
 
Posted on YouTube: November 03, 2010
By YouTube Member: golefttv
Views on YouTube: 5
 
Posted on DU: November 03, 2010
By DU Member: GoLeft TV
Views on DU: 518
 
If it seems like America’s big banks still aren’t playing by the rules, that’s probably because they aren’t. Their thinking is that because they are too big to fail, and too influential in Washington, they can just get Washington to change the rules as they go along and bail them out whenever needed. And sadly that’s what is happening in America today. Banks keep breaking the rules; Washington pretends not to notice, while the middle class is being forced to pick up the tab for the whole mess. Mike Papantonio talks about the latest Wall Street swindle with Mike Lux, co-founder and CEO of Progressive Strategies.
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Riley133 Donating Member (258 posts) Send PM | Profile | Ignore Wed Nov-03-10 01:58 PM
Response to Original message
1. Wall Street supported Obama heavily in 2008
What do you think the Obama administration is really going to do here, especially since so many retirement funds are dependent upon corporations doing well? Slap Wall Street silly, especially Goldman Sachs?
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