1.0link128114<![CDATA[Financial Crisis: Time for a Citizens' Plan?]]>http://www.huffingtonpost.com/robert-l-borosage/financial-crisis-time-for_b_128114.htmlCall it extortion. Every American is now being told to ante up $2000 - an estimated $700 billion in all - to bail out the banks from their bad bets, or they'll bring down the entire economy.
In the speculative frenzy that allowed the Masters of the Universe to pocket millions personally, the banks filled their coffers with toxic paper that no one wants to buy. Now they sensibly don't want to lend money to each other, since no one...