Would Wall Street have bitten the bailout hand of George Bush Jr.? PrA’li. It’s only about race to the most pedestrian observer in this clusterfuck. This is all about the consolidation of wealth.
Americans think they are wealthy because they have flat screens televisions and $500 mobile phones, but the truth is that Americans live way above their income levels and carry an individual debt load that would cripple most third world countries.
We are about to become a third world nation ourselves, or at least in our poorest precincts like Detroit, St. Louis, Kansas City and Camden. Get ready to sell off all your Nike Air Max sneakers. You are gonna need that money to buy yourself some oxygen.