"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Thursday, February 10, 2011

Dylan Ratigan is Fed Up, Dylan starts the bonfire and Bernie Sanders Provides a Cord of Wood

Dylan Ratigan and Senator Bernie Sanders are both Fed Up with the fact that not one person connected with mortgage fraud has been prosecuted. Bernie Sanders notes while 42,000 U.S. factories closed during a 10 year period, Wall Street Banks invented toxic financial products in lieu of investing in American businesses that actually make something.

Bernie adds more wood to Dylan's bonfire pointing out that the 4 largest financial institutions in America hold assets equal to 1/2 of the country's entire GDP. They also account for 1/2 of all mortgages and 2/3 of all credit cards. Bernie points what many of us have asked ourselves; does the government regulate Wall Street or is Wall Street regulating the government?

Grab a cold one as Dylan is not a happy camper!

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