Federal Reserve Bailout Creates Two Societies
GoodB Blogger Monika Mitchell Reports on the Economic Recovery
by Monika Mitchell
The Federal Reserve has been making news again this past week. A plan to pour $600 billion into the economy and the full disclosure of where the bailout money went these past three years have created new controversy. The shocking truth is that trillions (not billions) were spent to support Wall Street while little has made its way to Main Street. National unemployment grows and ordinary Americans continue to struggle for economic survival. GoodB financial reform blogger Monika Mitchell examines the Federal Reserve strategy and lending practices in a four part series on the U.S. Economic Bailout.
Part One: The Greatest Bank Robbery Ever Told
Part Two: America:The UnBeautiful
Don't Miss Tomorrow:
Part Three: Federal Reserve's Two Societies
Part Four: The Solution
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