more:
http://www.huffingtonpost.com/robert-scheer/the-great-american-sticku_b_715928.htmlRobert Scheer.Editor of Truthdig.com, Author, 'The Great American Stickup'
Posted: September 14, 2010 09:47 AM BIO Become a Fan Get Email Alerts Bloggers' Index .
'The Great American Stickup': It Was The Economy, Stupid
Excerpted from 'The Great American Stickup'
"It Was the Economy, Stupid"
"How did this happen?" ~ President George W. Bush
"It was a humbling question for someone from the financial sector to be asked--after all, we were the ones responsible." ~ Treasury Secretary Henry M. Paulson Jr., former Goldman Sachs CEO
They did it.
Yes, there is a "they": the captains of finance, their lobbyists, and allies among leading politicians of both parties, who together destroyed an American regulatory system that had been functioning splendidly for most of the six decades since it was enacted in the 1930s.