An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Pages
▼
Pages
▼
Thursday, March 15, 2012
Randy Wray — Secret Deals, Foreclosure Settlements, Stress Tests, And Vampire Squid Whistle-Blowers: You Just Can’t Make This Stuff Up
Wow. Randy's stuff has been so great lately. It also makes me realize that I have so little understanding of how the great mortgage-industrial complex is put together.
By the time the Sheriffs in this movie catch on to the theft, the bad guys are all gone, living in luxury with their bonuses and now lobbying to deregulate whatever they can. There appears to be no one with the will and power able to take them down. How did we come to this? Thieves who steal homes and lives and brought our economy to this: they will never see justice.
Wow. Randy's stuff has been so great lately. It also makes me realize that I have so little understanding of how the great mortgage-industrial complex is put together.
ReplyDeleteBy the time the Sheriffs in this movie catch on to the theft, the bad guys are all gone, living in luxury with their bonuses and now lobbying to deregulate whatever they can. There appears to be no one with the will and power able to take them down. How did we come to this? Thieves who steal homes and lives and brought our economy to this: they will never see justice.
ReplyDelete