Tuesday, December 16, 2014

Citigroup's Political Power

A great read over at The Baseline Scenario;

http://baselinescenario.com/2014/12/12/citighroup-will-be-broken-up/

The last part say it all:

“And now we’re watching as Congress passes yet another provision that was written by lobbyists for the biggest recipient of bailout money in the history of the country.   And it’s attached to a bill that needs to pass or else the entire federal government will grind to a halt. Think about this kind of power.  A financial institution has become so big and so powerful that it can hold the entire country hostage.  That alone is a reason enough for us break them up.  Enough is enough.”

I'm all for Elizabeth Warren for President.
 

No comments:

Post a Comment