Is the Economy as Broke as Lehman Was?

By Michael Hudson

Why bail out Wall Street - and not the quarter of U.S. homeowners unfortunate enough also to suffer "negative equity" but not qualify for the help that the officials they elect gave to Wall Street's winners by enabling Bear Stearns, A.I.G., Countrywide Financial and other gamblers to pay their bad debts?

http://www.informationclearinghouse.info/article26311.htm



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