fix articles 551808, moral economy Los Angeles Indymedia : tag : moral economy

moral economy

William Greider Raps Predatory Usury Schemes (tags)

How did the country get into this unholy financial mess? Think usury! Acclaimed author William Greider points the finger at banks, and people of great wealth, “taking advantage of poor people by lending them money on terms that are sure to fail.” He blames others, too, like “The Fed,” under the reign of Alan Greenspan, the U.S. Congress, and Wall Street. Mr. Greider charges that these parties worked to “castrate” the watchdogs.

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