Showing posts with label Dennis Kucinich. Show all posts
Showing posts with label Dennis Kucinich. Show all posts

Wednesday, December 17, 2008

Rep. Dennis Kucinich on His Battle With the Banks

Rep. Dennis Kucinich on His Battle With the Banks by Rep. Dennis Kucinich on Truthdig.com

Once they were as gods, but the deities of the American banking system are now in ruins, plunged from their pedestals into the maw of taxpayer largesse. Congress voted to give the banks $700 billion, lifting them temporarily out of their sepulcher of debt, while revealing a deep truth about the condition of America’s financial powers:

They never had the money they said they had as they constructed their debt-based monetary system which now lies in ruins. Their decisions on behalf of depositors, shareholders and investors were lacking in basic integrity and common sense. Green gods bailing out with their golden parachutes.

There was a time when their power was real. Come with me to Cleveland 30 years ago today.