Monday, October 19, 2009

There Has Been a Financial Coup

More and more academics and financial analysts are joining the "coup" chorus.

I suppose there are other terms to use, such as "regulatory capture," but the basic point is that a wide variety of economic observers agree that the US Government is making decisions about the banks and investment agents (e.g., hedge funds) that are counter to the interests of the public.

The financial interests are looting the country.

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