The recent passage by Congress of new legislation favourable to - TopicsExpress



          

The recent passage by Congress of new legislation favourable to loosening controls on risky Wall Street trading is just the most recent example of the consolidation of plutocratic power in Washington. The new rules, written largely by Citibank lobbyists and embraced by the Obama administration, allow large banks to continue using depositors’ money for high-risk investments, the very pattern that helped create the 2008 financial crisis. theguardian/commentisfree/2015/jan/04/obama-wall-street-democrats-big-finance?guni=Keyword:news-grid%20main-3%20(comment)%20Pickable%20with%20editable%20override:Pickable%20with%20editable%20override:Position2
Posted on: Sun, 04 Jan 2015 12:32:28 +0000

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