Friday, October 26, 2012

Wall Street is the welfare queen

Via:  today’s must read, The Dark Age of Money, an impassioned recitative of how “capitalism” and “free markets” have been transformed into “monetary fascism”—worldwide.

All Bow to the Welfare Queen

Total governmental transfers and assumed liabilities related to U.S. financial institutions since 2008 exceed the entire history of all social welfare programs for all free world economies collectively since Bismarck (do the numbers, its true).

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