collateralized debt obligations

Why Bush can say fuck you – The Road to Serfdom

Regarding the political economy . . .
It started a while ago when they deregulated the markets . The full court press started with the dot.coms. The introduction of the internet into the fabric of everyday life created the habits, infrastructure and mechanisms, to have a market that radically redistributed wealth from the general populace to a few very well placed elite. “Market Fundamentalism” is as detrimental to our well being and way of life as Islamic fundamentalism. Read more…

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