“If you didn't like where inequality in the United States was already heading, wait until you see the effects of this recession.”
This is a quote from The Washington Post’s review of Andrew Ross Sorkin’s new book Too Big To Fail.
You don’t have to be a financial forecaster to see where this could all go…if the big guys stay in control, it means more taxes for the middle class to continue bailouts of the big banks so they can continue to “run” the economy.
Why were we OK with them running it in the first place? America is a large country, why put control in the hands of a few (on one street)? We’re a democracy. We elect people to represent the opinions that originate at a local level, on main streets in local communities - Too Big To Fail banks do not represent us well. Go local, where the people really are.
And if you want to do your reading on the financial crisis out of which brands such as Move Your Money, A New Way Forward, and Kasasa were launched, here are a couple more good books for your edification.
“Past Due: The End of Easy Money and The Renewal of the American Economy” – Peter S. Goodman
“The Sellout” – Charles Gasperino
“And Then The Roof Caved In” – David Faber
“Tower of Thieves: Inside AIG’s Culture of Corporate Greed” – Andrew Spencer
What other books would you add to this list? Let us know!