Wed 24 Sep 2008
Fleecing What’s Left of the Treasury
Posted by k under Civil Liberties , Democracy , FinanceNo Comments
By Chris Hedges Truthdig 9/21/08
If the financial-services industry is able to suck us dry, our assets, from our homes to our retirement investments, will continue to tumble. Taxes will go up. Jobs will be lost. The grim economic indicators will get worse. The dollar, which has already lost about a third of its value against the euro, will continue to plummet. The rate of foreclosures, one in every 416 U.S. households in August, will skyrocket. (more…)