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corporate dominance | government

"Wall Street Socialists" by Amy Goodman

The Wall Street debacle is bipartisan. Robert Rubin, an Obama economic adviser, and Phil Gramm, former McCain economic adviser, helped repeal the Glass-Steagle Act in 1999. That act curbed the speculation that led to the Great Depression.
AIG wasn't just an insurance company but acted as a speculative investment bank/hedge fund.
Immense, interlocked, incestuous borrowing is bringing down the entire banking system.
High-rolling gamblers after losing all their banks' money are coming to taxpayers for bailouts.
The economy is being sacrificed to save the gamblers (Michael Hudson).
The 4 million homeowners should be saved from defaulting.

to read Amy Goodman's article published 9/18 by CommonDreams.org, click on

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