“The awful truth is that the great industrial engine that once created rising prosperity for the vast majority has been converted into a mining operation. Instead of creating new wealth by making ever more useful widgets and services ever more efficiently, today’s economic titans mine the pockets of the many. Public policy—laws passed by Congress, regulatory agency rules, and lax oversight of business—makes this mining economy possible.”
David Cay Johnston
“For decades the American financial system was stable and safe. But then something changed. The financial industry turned it’s back on society, corrupted our political system and plunged the world economy into crisis. At enormous cost, we’ve avoided disaster and are recovering.
But the men and institutions that caused the crisis are still in power and that needs to change. They will tell us that we need them and that what they do is too complicated for us to understand. They will tell us it won’t happen again. They will spend billions fighting reform. It won’t be easy.
But some things are worth fighting for.”
Inside Job