Thomas Ferguson and Rob Johnson - When Wolves Cry Wolf

[AndroidPolitician]

People should check out the study he references, basically the more money influences elections or rather the more power the rich have, the less effective a bailout program will be.

In countries like Austria they did some form of nationalization while in the US they gave the banks free reign.

As they point out: "in no other country, ever, have bankers managed to pay themselves record, or near-record, bonuses only months after being bailed out by taxpayers."

[hkoe33]

ALLAH U AKBAR ALL INFIDELS MUST DIE

[WilhelmDrake]

I think the work of Michael Hudson and William K. Black explains the crises in a way that complements the work of Mr. Feguson. I would recommend people to check them out.