Author: Zaroc Stone
Date: Sep 19, 2008 13:28
Is the 'Good Life' as America Knows it Over? By Steve Fraser, Tomdispatch... hoary old oxymoron of the Left, "late capitalism," may gain new life. ... savings and loan industry in the late 1980s, Washington committed itself, at least ...be replaced by another, namely our late, lamented mortgage/collaterized-debt-obligation bonanza...Washington's mission may, at this late date, be an even greater one...
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