Robert Reich On How To Fix Socialized Capitalism
By Justin Gardner | Related entries in Economy, Money, Social ProgramsFirst, his opening shot (emphasis mine)…
What worries me is the complete lack of accountability by Fannie’s and Freddie’s executives, as well as Wall Street investment bankers also now being insured by taxpayers. We’ve created the worst form of socialized capitalism—private gains combined with public losses.
These executives and bankers are among the best paid in all [...]









