Easy credit, loose regulations, tax cuts for the wealthy elite during wartime, borrowing more to spend more, has put America's financial system on the brink of total collapse.
"This major crisis has to be placed at the very feet of the Washington establishment. This is a politico-financial establishment that has pushed to the limits its ideology of deregulation of financial markets and stretched the working of unregulated corporate market capitalism to the breaking point. Now, the system is imploding under our very eyes and financial institutions are falling like dominos", "The U.S. Financial System in Serious Trouble" by Professor Emeritus Rodrigue Tremblay, Link CLICK HERE http://www.thenewamericanempire.com/tremblay=1095
"This major crisis has to be placed at the very feet of the Washington establishment. This is a politico-financial establishment that has pushed to the limits its ideology of deregulation of financial markets and stretched the working of unregulated corporate market capitalism to the breaking point. Now, the system is imploding under our very eyes and financial institutions are falling like dominos", "The U.S. Financial System in Serious Trouble" by Professor Emeritus Rodrigue Tremblay, Link CLICK HERE http://www.thenewamericanempire.com/tremblay=1095
