Post
Topic
Board Economics
Re: The Secret Goldman Sachs Tapes that shed some light on the Federal reserve
by
shawshankinmate37927
on 27/09/2014, 11:46:44 UTC
tl;dr?
Regulators have no teeth in the banking industry because they'll get fired for actually doing their jobs correctly. The banks have all the power in the relationship.

The system is broken, we knew that, but this recording will be to banking what the NYPD Tapes were to policing.

Well in an interconnected world of multi media, the truth will come out.

But the question is, does american people will care enough?

If so, they will just run to the politicians and ask them to "do something", naively assuming that a broken political system will somehow be able to fix a broken financial system.