By Michael Collins
If we defaulted on our debt when we were perfectly capable of paying it, we would be be prosecuted for fraud. But when Congress does it, they call it politics.
The crazies in the United States House of Representatives would have you believe it were so. They say fix that budget before we’ll raise the debt ceiling. If we don’t get our fix, they announce, there’s no deal. We’ll just default until things get straightened out. (Image: George Romero)
Those who should be leading this country, and contributing to its development, have spent the past 25 years joining the parade of looters and predators who have found ways to extract wealth from the middle class and the poor in this country. Numerian
After Words: Nomi Prins, author of “It Takes a Pillage” interviewed by Sen. Bernie Sanders
Nomi Prins, former managing director at Goldman Sachs and current senior fellow at Demos, talks about the 2008 financial crisis and its ongoing aftermath. This is the subject of her latest book, “It Takes a Pillage: Behind the Bailouts, Bonuses and Backroom Deals from Washington to Wall Street.”
Ms. Prins discusses her book with Vermont senator Bernie Sanders (I). Prior to coming to the Senate in 2007, Sen. Sanders spent 16 years representing Vermont in the House of Representatives. He currently sits on five Senate committees, including the committee on Labor & Pensions.