Shock Capitalism: The Swindlers Of 2008 Are Now Betting On World Hunger

Friday, October 15, 2010
By Paul Martin

By Gilbert Mercier

In his new book, “The Great American Stick Up”, journalist Robert Scheer makes one of the most lucid and accurate analysis of the 2008 global financial meltdown or what we call here the strategy of shock capitalism. Scheer connects the dots and exposes “How Reagan Republicans and Clinton Democrats enriched Wall Street while mugging Main Street”.

While some people might be critical of Robert Scheer for treating the “Masters of the Universe” of Wall Street like criminals, the points that Scheer is making in his new book can hardly be contested. There is more than plenty of blame to pass around in this case, and Scheer is able to generously share the blame between Wall Street and their “partners in crime” in Congress. Scheers argues that the banksters and their political associate “did it” knowingly.

TARP: The Biggest Swindle In Financial History

Robert Scheer is rightly putting a large number of people in the same putrid bag of greed and stupidity.

“Yes, there is a “they”: the captains of finance, their lobbyists, and allies among leading politicians of both parties, who together destroyed an American regulatory system that had been functioning splendidly for most of six decades since it was enacted in the 1930s,” writes Scheer.

The Rest…HERE

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