Thursday, July 2, 2009

Chamber of Commerce Launches $100 Million Campaign to Protect Wall Street's Power at Our Expense

By Zach Carter, AlterNet
Posted on July 2, 2009, Printed on July 2, 2009
http://www.alternet.org/story/141031/

Perhaps the greatest public deception surrounding today's financial meltdown is the notion that it is unique -- a once-in-a-lifetime crisis that reflects bad luck rather than any fundamental problem with the U.S. banking system's sway in global politics.

The truth is that throughout the 1980s, the major money center banks were in much the same situation they find themselves in today.

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