Saturday, February 23, 2013

Wall Street’s Misdeeds Cost Trillions, But It’s Main Street Who’s Getting Nickel-and-Dimed.

By Richard Eskow | February 19, 2013

Take a look at these two sentences:

“(I)f losses from the 2007- 2009 crisis were to reach similar levels (as they did in previous recessions) … losses could exceed $13 trillion.” Government Accountability Office

“You would think that any regulation that could affect a major part of the economy and cost industry and/or consumers millions of dollars to comply with would be based on rigorous and consistent economic analysis.” David C. Johns, Heritage Foundation

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