Monday, February 23, 2009

Straight Talk from Stiglitz

Here is Joseph Stiglitz giving a surprisingly honest, straight-forward statement about US banks and the need to stop wasting US taxpayer dollars propping them up. The real killer point is that the taxpayer's $750 billion that has been poured down a rathole could of in fact created a new bank with $7.5 TRILLION lending capacity that could have lifted the whole country...

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