Jesse's Café Américain Thu 2009-08-27 10:45 EDT

'New Deal for Wall Street' Programs Subsidizing Subprime Lenders

Jesse

Welfare for Wall Street is just another phase of the 'trickle down' approach that seems to be so popular with the financerati. If "Cash for Clunkers" had involved subsidized loans for cars administered by the banks it would have been touted as the greatest thing since sliced bread by the coporate media and mainstream infomercials, instead of being slammed on a daily basis as a troubled, pointless giveaway program.

Jesse's Café Américain; new deal; Programs Subsidizing Subprime Lenders; Wall Street.

Wed 2008-05-28 00:00 EDT

Economist's View: "The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too"

review of Jamie Galbraith's "The Predator State" by L. Randall Wray; "market solutions are designed to enrich a favored oligarchy through a spoils system administered through the states structure"

Conservatives Abandoned; Economist's View; free market; liberalism; Predator state.