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Thursday, October 20, 2011
Which Bank Is the Worst for America? 5 Behemoths That Hold Our Political System Hostage
We've ranked the banks based on how shamelessly they game the political process through lobbying, revolving door politics and campaign donations.
October 19, 2011
The economic crash led to the loss of 9 million jobsand the biggest drop in American home-ownership since the Great Depression. Long-term unemployment, poverty and hunger have increased dramatically. People are angry. The Occupy Wall Street movement, a stand against Wall Street's greed, excess and criminality, has captured the imagination and participation of millions across the nation and the globe.
The giant mortgage bubble and the irresponsible and corrupt practices that caused the catastrophic economic crash didn't emerge out of thin air. They were a consequence of decades of pay-to-play politics rife with conflicts of interest; a political system awash in cash and legal pay-offs, designed to undermine the checks and balances that could have prevented the meltdown.
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