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Subject Looting Main Street
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Original Message [link to www.blacklistednews.com]

"How the nation's biggest banks are ripping off American cities with the same predatory deals that brought down Greece

...

In a complete subversion of free-market principles, they take no risk, score deals based on political influence rather than competition, keep consumers in the dark — and walk away with big money. "It's not high finance," says Taylor, the former bond regulator. "It's low finance." And even if the regulators manage to catch up with them billions of dollars later, the banks just pay a small fine and move on to the next scam. This isn't capitalism. It's nomadic thievery."
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