Friday, September 3, 2010

Robert Reich: How To End The Great Recession


Good try, bucko! Take one of the tiny dolls from the loser's prize bin for your effort!



The lenders knew what they were doing. They had to fill the bucket with "approved" loans so they could chuck them onto the derivatives market where they knew that, one day, there was a good chance it all blows up. But until then, bonuses and drunken high times for the finance industry!



Until you come up with a valid reason to absolve lenders from the guilt of approving loans to unqualified borrowers, the blame goes to the lenders. Period.



Better luck next time.
About Unemployment
Read the Article at HuffingtonPost

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