Economic Straight Talk
A protracted Main Street depression continues.
by Stephen Lendman
Things aren't as good as they seem. Dire economic conditions masquerade as sound. Media scoundrels twist reality. Big Lies proliferate. Repetition convinces most people hard times are good or not as bad as their personal situations suggest.
Wall Street manipulators transformed America into an unprecedented money making racket. Business models prioritize grand theft. Money is made by stealing it.
Government officials collude at the highest federal, state and local levels. They're well rewarded for going along. Who said crime doesn't pay?
Swindling is the national pastime. It's the American way. It's institutionalized. So are casino capitalism, market manipulation, front-running, pump and dump schemes, and other fraudulent practices.
Goldman Sachs CEO Lloyd Bankfein calls it "doing God's work." He left unsaid which one he means.