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The Greatest Bank Robbery Of All Time
This is one of the most insightful articles I have read on the housing crises.  I do want to make it clear I think in this country we all have a problem living on credit.  I am also a Big Red State type capitalist guy.  But what is going on in banking and finance is not capitalism.
(With apologies for length)
Willie Sutton, the famed bank robber of the 1930’s and 40’s once made the statement, "Go where the money is...and go there often," and though his lifetime take was said to be as much as $2 million, Sutton was a mere amateur.  His crimes are dwarfed by those of today’s gangsters who, during the past decade, were committing the greatest bank robbery of all time; only this time the banks were the larcenists.  
 
A quick look at how the big banks fared following the “financial meltdown” shows that it’s not their wealth or the contents of their vaults that are significant, it’s the power they wield over our financial and political systems.  Banks have learned where the big money is and how to tap that source whenever necessary; and unfortunately for the average American, their source is the U.S. ... more

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