An essay by MarketWatch’s Brett Arends on the collusion between Government and Wall Street is the must-read of the month. Click here to access the superb essay from which the following was excerpted:
“This was the year America finally took on the power and greed of the Wall Street banks.
“And the banks won.
“They dodged the bullet of real reform, probably for all time. They bounced back to post huge profits, helped by legal theft from the middle class. They completed their takeover of both political parties — and bought themselves a new Congress even more pliable than the old one.”