We continue to find examples of hard-earned taxpayer dollars going to Wall Street. Money that should be invested in students, classrooms, and fixing infrastructure in Pennsylvania is instead lining pockets on Wall Street.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Saturday, May 15, 2010
How many local governments got sucker punched on fancy financial deals, and how much is it going to cost taxpayers to pay Wall Street? Nobody knows.
from Watch Dog. The author finds that many people in and out of public agencies are concerned about the financial "snake oil" deals that have been sold, and continue to be sold by financial institutions to local governments, municipal authorities, and agencies of state government . According to Pennsylvania Auditor General Jack Wagner,