14 reasons Main Street loses big while Wall Street sabotages democracy
market watch / Paul B. Farrell
20-Oct-2008 (4 comments)

Yes, we're dummies. You. Me. All 300 million of us. Clueless. We should be ashamed. We're obsessed about the slogans and rituals of "democracy," distracted by the campaign, polls, debates, rhetoric, half-truths and outright lies. McCain? Obama? Sorry to pop your bubble folks, but it no longer matters who's president. Why? The real "game changer" already happened. Democracy has been replaced by Wall Street's new "disaster capitalism." That's the big game-changer historians will remember about 2008, masterminded by Wall Street's ultimate "Trojan Horse," Hank Paulson. Imagine: Greed, arrogance and incompetence create a massive bubble, cost trillions, and still Wall Street comes out smelling like roses, richer and more powerful!

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IRANdokht

'Disaster Capitalism for Dummies'

by IRANdokht on

I found this analysis brutally honest and very depressing. During the time that the congress was debating the "bail out" package, I made several calls and sent about a dozen emails to ask them not to approve it. I didn't even know everything that I learned from reading this article.


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Very Scary

by Anonymous... (not verified) on


farokh2000

Right to the point

by farokh2000 on

This is a great Article. Right to the point.

It is amazing how they have brain washed and intimidated the regular people to benefit the rich.

"No one destrys Capitalist except Capitalist itself". This is what one of my Professors in Graduate School used to say. It is so true.

Thanks for posting this.

 

 


desi

So good and right on.  I

by desi on

So good and right on.  I hope you don't mind Irandokht jan but I'm forwarding this to my coworkers.  I promise to give you credit on finding this:)