The whole financial system is
rigged to enrich the wealthy at the expense of everyone else. http://www.colbertnation.com/the-colbert-report-videos/416697/july-19-2012/libor-interest-rate-scandal---dave-leonhardt
This time, the thieves at the
top may finally go to prison.
But don't bet the farm... or
what's left of it. (Since 2007, the American
family's net worth is down 40% http://money.cnn.com/2012/06/11/news/economy/fed-family-net-worth/index.htm)
Excerpt (from CNN Money): "The average American family's net worth dropped almost 40% between
2007 and 2010, according to a triennial study released Monday by the Federal
Reserve.
The stunning drop in median net worth -- from $126,400 in 2007
to $77,300 in 2010 -- indicates that the recession wiped away 18 years of
savings and investment by families."
Who is responsible?
The Party of Economic Irresponsibility. http://paxonbothhouses.blogspot.com/2012/05/republican-rule-and-economic.html
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