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View Diary: Has economics found its Andrew Wakefield? (37 comments)

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  •  "a lot of people are suffering for no useful (3+ / 0-)
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    Sandino, No one gets out alive, LEP

    purpose," writes the diarist. Well, there patently ARE purposes, as in further upward and inward wealth transfer. To a lot of "bondholders," who despite the plain print on the documentation, somehow assume that they are ENTITLED (that word again) to recoup ALL their investment, which was placed into a risk-reward situation which once again puts all the "risk" on the 99% and all the "reward" on the folks who have already taken way too much. So much that the mass and momentum of all that money keeps tilting the table ever farther and farther in the direction of the black-hole mouths at the rich folks' end.

    "Is that all there is?" Peggy Lee.

    by jm214 on Thu May 02, 2013 at 01:36:36 PM PDT

    [ Parent ]

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