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wcaseym (39.38)

How the world works!



April 10, 2010 – Comments (0)

... we are rapidly becoming a third-world country, cannibalized by corporations, with two-thirds of the population facing financial difficulty and poverty.

The system is broken. And the consumer advocate who represented the best of our democracy was broken with it. As Nader pointed out after he published “Unsafe at Any Speed” in 1965, it took nine months to federally regulate the auto industry for safety and fuel efficiency. Two years after the collapse of Bear Stearns there is still no financial reform. The large hedge funds and banks are using billions in taxpayer subsidies to once again engage in the speculative games that triggered the first financial crisis and will almost certainly trigger a second. The corporate press, which abets our vast historical amnesia, does nothing to remind us how we got here. It speaks in the hollow and empty slogans handed to it by public relations firms, its corporate paymasters and the sound-bite society.

How the Corporations Broke Ralph Nader and America, Too

C., (... do stupid things faster with more energy!  Drink coffee.)


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