Quote of the Day | 0910
We had the catastrophe. And in our history every time we’ve had a major collapse like this, we’ve had a government with a strong enough backbone to step in and say “Okay, how can we fix the problem?” And many people thought that’s what was going to happen after the 2008 collapse. What instead we saw was that congress was overwhelmed by an army of lobbyists – twenty-five times the lobbyists defending bank interests as promoting reform! The product of that swarm of bank lobbyists was a reform package that has not addressed any of the fundamental issues that led to the bubble and the burst and the collapse of our economy. And that’s testimony to Wall Street’s extraordinary power over the left and the right.
Lawrence Lessig on How Money Corrupts Congress – and How to Stop It
[x]#9307 fan zondag 9 oktober 2011 @ 20:55:39
