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Economy
In reply to the discussion: Weekend Economists Waiting for FDR July 13-15, 2012 [View all]mother earth
(6,002 posts)39. Another "this should be a separate thread", and what of the outcome for this repeat? I'd love to
hear how some here think it will all play out. We knew what the consequences of deregulation meant, and yet we are in the 2nd Great Depression.
Geithner and all knew of the LIBOR issues, yet the bailouts proceeded. It's head banging stuff, but then you realize exactly how corrupt every system in place has become because we are no longer under rule of law, at least not the 1%ers.
Everyone else, well...gotta keep that privatized prison system going. The 99% is now disposable, the nightmare of lawless capitalism, the casualties of corporate governance...where is Eric Holder? Where is our president on this issue?
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Corporations Dodge LIBOR Scandal Bullet: It’s banks and hedge funds that look like the losers.
Demeter
Jul 2012
#34
Unfortunately, they're probabaly right that it'll take a long time to sort out the consequences; but
snot
Jul 2012
#59
How Out-of-Control Credit Markets Threaten Liberty, Democracy and Economic Security By Ed Harrison
Demeter
Jul 2012
#30
The Great Capitalist Heist: How Paris Hilton’s Dogs Ended Up Better Off Than You
Demeter
Jul 2012
#35
Another "this should be a separate thread", and what of the outcome for this repeat? I'd love to
mother earth
Jul 2012
#39