The Profit Motive September 7
Posts on ‘September 7th, 2010’
KPIG Radio / The Profit Motive September 7
Were not talking about minor rule violations here or a handful of isolated incidents. This is willful, widespread, systematic serious felony criminal activity, yet no one goes to jail.
The true cost of the bank bailout.
12.8 Trillion to bail out the financial sector, no accountability, no rule of law. As the Federal Reserve and the Treasury squander our tax dollars on bankster bonuses while the rest of us live the results of their malfeasance, bankruptcy, foreclosure, unemployment and food stamps.
Hi and welcome to The Profit Motive, I’m your host Caleb Lawrence. Once upon a time in America the media acted as the watchdog of the corporations and the state. In the modern era it’s all about ratings and profits, opinion has been substituted for news and frequently is presented as fact. Much like my daily radio show on KPIG 107.5 FM in Santa Cruz California and KPYG FM 94.9 Cayucos/San Luis Obispo California. A thousand Blogs were able to spot the current problems and many began discussing it years before it reached crises proportions. While there were exceptions, and these exceptions are becoming more common, the mainstream media failed to get it and largely continue to do so.
