Forum Post: How Too-Big-To-Fail’s Army of Lobbyists Has Captured Washington
Posted 13 years ago on Nov. 5, 2011, 2:04 p.m. EST by petebilling
(5)
This content is user submitted and not an official statement
Posted 13 years ago on Nov. 5, 2011, 2:04 p.m. EST by petebilling
(5)
This content is user submitted and not an official statement
Check out www.lobbydemocracy.com to see how we can take it back.
Too-big-to-fail banks are the largest banks in the US - they are guaranteed by the US Treasury to not fail - this allows them to take far more risk - profits are private but losses are socialized - this is plain and simple redistributionism from the 99% to the 1% and is the basis of OWS