Wednesday, December 5, 2012

Wall Street, Coming to Your Town! (and Destroying It) | Alternet

Wall Street, Coming to Your Town! (and Destroying It) | Alternet
"Yet a closer look reveals that the future is already here. American austerity has largely taken the form of municipal budget crises precipitated by predatory Wall Street lending practices. The debt financing of U.S. cities and towns, a neoliberal economic model that long precedes the current recession, has inflicted deep and growing suffering on communities across the country."