Current Events — HabitableZone

Current Events » in reply to How many PALLETS of US Cash do we send Per Week?

re: How many PALLETS of US Cash do we send Per Week?

Yeah, are the FEDS printing that too?

>"Wall Street bonuses in January amounted to an astounding $36 billion, despite the heedless actions of the traders and investment houses that caused the implosion of the financial markets. At the same time, due to the subprime mortgage meltdown, over a million people have already seen their homes foreclosed, with nearly two million more foreclosures coming in the near-future, leading to more than three million US citizens deprived of their largest and most central asset. If we ignore the “fetishized mystical language” of the financial elite, “The loss of assets of those three million people is where those $36 billion of bonuses came from.” [David Harvey]

So, where's the money coming from to grease the Iraqis' palms, and is this part of our economic meltdown?

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