Sunday, May 12, 2013

William Black : Obamas Austerity is a Disaster

Bill Black: Pres. Obama cannot expect growth in the economy when he continues the policies of austerity Bill Black:Manufacturing in Bangladesh costs more not less

The financial industry brought the economy to its knees, but how did they get away with it? With the nation wondering how to hold the bankers accountable, Bill Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of how exporting the manufacturing industry to poor countries like bangladesh actually costs more and not less , and how Obama is leading us to more austerity and that austerity is a disaster , Bill Black is the author of "The Best Way To Rob a Bank is to Own One"