“Those at the very top have no incentive whatsoever for revealing or changing the rules.” | Reasons for 'The 1st National Bank Strike'

• “Those at the very top have no incentive whatsoever for revealing or changing the rules.” | Reasons for 'The 1st National Bank Strike'

  tags: whatsoever incentive changing rules reasons national bank strike

  • “Those at the very top have no incentive whatsoever for revealing or changing the rules.”

      

      Posted on August 8, 2011 by Joe Skues

      

     

    Sent in to Ampedstatus.com, from G. William Domhoff, author of Who Rules America?            shortlink=http://wp.me/p1i4Im-r
     This article was written by an investment manager who works with very wealthy clients.
     Wall Street created the investment products that produced gross economic imbalances and the 2008 credit crisis. It wasn’t the hard-working 99.5%.
     Average people could only destroy themselves financially, not the economic system. There’s plenty of blame to go around, but the collapse was primarily due to the failure of complex mortgage derivatives, CDS credit swaps, cheap Fed money, lax regulation, compromised ratings agencies, government involvement in the mortgage market, the end

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