Community | July 31, 2011 | 0 comments

When Banks and Wall Street Say Raise It, The Debt Ceiling Is Raised !

Though most of us never doubted that the corporate right would ever permit the country to default, and suffer a credit downgrade; (considering that U.S. business is borrowing at the lowest rate in modern history), the evidence of the criminally militant corporate and banking cartel's control of our Congress could not be more blatant.

"After a year of clashing with Washington over new financial reforms, the country’s most powerful bankers have found common ground with regulators in the hard-fought effort to lift the debt ceiling and avoid a default.

Wall Street is no longer watching from the sidelines as the most polarizing political fight in years plays out on Capitol Hill. In the last few days, top executives have been in close contact with Washington in a last-ditch attempt to prod lawmakers toward a compromise by Tuesday, the administration’s deadline to reach a deal"

http://www.nytimes.com/2011/07/31/business/wall-street-mobilizes-to-raise-debt-c...
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    Community,   Progressives United,   The Reform Revolution,   Question of the Day???
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    Wall Street Banks U.S. Debt Ceiling 4 more
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