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Banks want to keep Americans stupid and in debt. A lesson in economics.

September 30th, 2009 · No Comments

The first lesson we learned from the current economic collapse is: The market does not solve everything. Despite what the neo-cons like Ronald Reagan and George Dubbya told us, turning all state responsibility over to the market means that the entire country is motivated by profit and therefore operates under a value system of greed. This market-first government has not benefited most of us. In fact, it's only really benefited the super rich, like Reagan and Dubbya. The second lesson is:

Tags: Credit Cards · Student Loans

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