The Federal Reserve Bank's decision last week to address the housing crisis by extending $200 billion of taxpayer-financed credit to Wall Street banks was met with a stunned reaction typical of surprising events. But really, the move was the expression of longstanding isms that routinely package [RETURN TO ARTICLE]
FOLLOW US
Also by David Sirota
-
Embracing ‘Enough’
Most Americans know when someone earns enough money. But those calling the shots just don't get it.
MORE » -
When it Comes to Education Technology, Trust but Verify
New gadgets in the classroom may cost more than schools bargain for.
MORE » -
The Economic Normalcy Bias
Even in a time of financial crisis, our culture consumes as if there were no tomorrow.
MORE »
SUPPORT INDEPENDENT MEDIA
Invest in the news you need. In These Times is a nonprofit, reader-supported magazine and website.
subscribe today for $19.95!
SAVE 53% OFFTHE NEWSSTAND PRICE!
MOST READ
- Why Conservatives Can’t Fix Poverty
- The Girl’s Guide to Staying Safe Online
- Siri and the High-Tech Gender Gap
- It’s the Stupid Republicans, Stupid
- True Crime Finance Stories
- Is the Federal Government Helping to Bust Unions?
- Anger Sowing Seeds of a New Consumer Movement
- What Can Labor Learn?
- Marching Off the Cliff
- New Eden, Old Devils

Reader Comments
We’ve seen this over and over
Thank you, Mr. Sirota. Your the only one to nail how anti-public are the Bush administration decisions on the mortgage crisis. Air America and the Democratic candidates, and the left-of -center columnists should be all over this one for 2 solid weeks, but all I’ve heard besides you so far is one night on Keith Olbermann. This is a prime example of why the American public shoots itself in the foot or worse by voting Republican.
You are bang on Mr.Sirota.Now what do we do?I feel powerless against Big Business and Big Government.I write.I vote.I argue,but to what ends?Now I know what it was like to be black in this country.Nobody listens to me and nobody cares.I guess I will have to riot in the streets like black people did.Not much of a riot with just one person though and still no one will listen.
I am not german.I don’t know why there is a german flag included in my comments?
register a new account »Posting Security