Friday, April 17, 2015

Can the Political-Financial Power Complex be Redeemed?

Back in the eighteenth century, Voltaire wrote that, “With Great Power, there must also come Great Responsibility.” Stan Lee echoed the sentiment in his first Spiderman comic book in 1962. Recent financial leaders have shown no such affinity toward responsibility. Instead, the Big Six bank leaders exercise a historically dangerous power while enjoying Washington’s full ideological and financial support with no strings attached. Lax regulators, politicians eager for lucrative private sector jobs after public service and we taxpayers, subsidize them. Their firms’ fraudulent practices transcend borders. During the past three decades, America’s most elite bankers have worked strategically to bend the banking system, the laws, and the federal government to support their supremacy. Read the complete article at -- http://www.tikkun.org/tikkundaily/2015/04/08/can-the-political-financial-power-complex-be-redeemed/

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