CHAPTER THIRTEEN THE WALL STREET CONSPIRACY THE INCIDENT: America’s worst economic crisis since the Great Depression occurred in the fall of 2008, brought on originally by the collapse of a housing bubble that damaged financial institutions and caused the stock market to plummet.
THE OFFICIAL WORD: Huge corporations like AIG and Goldman Sachs were considered “too big to fail,” and received multibillion-dollar bailouts from the federal government in order to prevent economic collapse.
MYTAKE: The government has conspired to keep the “fat cats” in business, while the American taxpayers are left holding the bag. CEOs that should be going to jail for scams beyond belief are instead reaping the biggest bonuses ever. Corporations basically run the government, and the same players that made the mess still have a stranglehold on our future.
“Too much cannot be said against the men of wealth who sacrifice everything to getting wealth. There is not in the world a more ignoble character than the mere money-getting American, insensible to every duty, regardless of every principle, bent only on amassing a fortune, and putting his fortune only to the basest uses.” —Theodore Roosevelt, 18951