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Glass-Steagall

Business, Academia, Government STILL Slopping at US Trough

RE-POST from 8-10-11

Peter Bradshaw of the Guardian:

Once again, the phrase that comes to mind is Milton Friedman's: socialism for the rich, free enterprise for the rest. An ordinary person defaults on his debt, he gets to live in his car. A banker defaults, and the taxpayer can be relied on to bail him out.

Wesley Morris of the Boston Globe: Read below the fold...

America’s Economic Gang-Rape Triumvirate: BUSINESS, GOVERNMENT, ACADEMIA

Thread: 

Peter Bradshaw of the Guardian:

Once again, the phrase that comes to mind is Milton Friedman's: socialism for the rich, free enterprise for the rest. An ordinary person defaults on his debt, he gets to live in his car. A banker defaults, and the taxpayer can be relied on to bail him out.

Wesley Morris of the Boston Globe: Read below the fold...

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