rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16932 Location: Sunny California
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Posted: Thu Jun 17, 2010 1:13 pm Post subject: Fringe Financing: Broke USA |
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Jesus died, amongst other matters, to cast out the money-lenders. Usury is illegal. But there is the issue of a "market deprived." And industry puts the vig to shame.
In this interview you'll hear some of the structural issues behind this state-of-affairs--if you listen carefully. Wage stagnation at the low-end against higher costs. Failure of financial education.
It's hard to say that any of this "attack" on capital is baseless or worse, venezualan.
http://www.npr.org/templates/story/story.php?storyId=127236038
But maybe the market can heal itself. And who better than the god of retail:
http://www.npr.org/blogs/money/2010/03/walmart_goes_big_in_fringe_ban.html _________________ Today is the Tomorrow you worried about Yesterday! |
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