We’ve Been Providing Wall Street’s Next Bailout Fund
In this post, “The Vanishing Middle Class,” I left off with this sentiment:
“There are no saviors remaining, and the next storm will be too big to control.”
Substantive changes, alas, usually emerge only through substantive shocks. Yet, if we can channel the proper momentum towards these upcoming changes, not all will be lost.
In this post, we will see that lower- and middle-income households have unknowingly bailed out the Wall Street banks again, in advance of the next storm.
To find support for this contention of a coming storm, I turn to an news analysis posted a couple of years ago by Ellen Brown on truth-out.org.