Wednesday, March 25, 2009

JAMES GALBRAITH ARTICLE

Geithner, Obama Kowtowing to "Massively Corrupted" Banks, Galbraith Says: Like it or not, many people seem to be resigned to the idea there's no alternative to the public-private investment fund scheme Treasury Secretary Geithner detailed this morning. That's hogwash, says University of Texas professor James Galbraith, author of The Predator State. Of course there's an alternative: FDIC receivership of insolvent banks. http://snipurl.com/efy3g

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