In my last column I introduced the idea that America's handling of the financial crisis, and in particular the way it has refused to deal with the banks, is more in keeping with how an "emerging" economy might behave and act. So this week, I will say that America has become a bank-owned state, allowing its banking oligarchs to suffocate the economy so they can survive at any price.

::::::::

In my last column I introduced the idea that America's handling of the financial crisis, and in particular the way it has refused to deal with the banks, is more in keeping with how an "emerging" economy might behave and act. So this week, I will say that America has become a bank-owned state, allowing its banking oligarchs to suffocate the economy so they can survive at any price.

Authors Bio:
I enjoy writing about political/ economic events, and I am especially concerned about the US as a warlike nation. I would like to see this nation turn itself around from a conquering nation in both commerce and war to a nation of peace. I hope that we can build fair trade based on mutual interests, and respect other countries enough to allow them to make their own decisions.