12.14.2009

Too big to fail

So the Wall Street elite, just months removed from their near-death experience, are now making a fortune shorting the U.S. dollar. One year ago, faced with the greatest financial panic in generations, the American people swallowed hard and bailed out the banks. Today, the banks have moved on, and are tearing down the currency of the nation that saved them.

But it is nothing personal. It is strictly business.

link: David Paul: With Wall Street Shorting the Dollar, It is Time for Congress to Pursue Fundamental Change


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