|'Sold Out: How Wall Street and Washington Betrayed America', a 231-page report debuted in March by Essential Information and the Consumer Education Foundation, details the lobbying and campaign spending by the financial industry and the legislation they got in return.
The defeat of the mortgage 'cram down' amendment was just the latest win for the banks. The report lists numerous anti-regulation steps taken by politicians
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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.