KOMMONSENTSJANE – A Tale of Economic Corruption Part I – Wall Street and 2008’s Great Inside Job.

Reblogged on kommonsentsjane/blogkommonsents.

https://social-capitalist.blog/2021/08/18/a-tale-of-economic-corruption-part-i-wall-street-and-2008s-great-inside-job/

To put “lipstick on a pig” is a rhetorical expression, used to convey the message that making superficial or cosmetic changes is a futile attempt to disguise the true nature of a product or person .

You can put all the lipstick on these pigs – but, they are still pigs.

For your information.

kommonsentsjane

The New Federalist

We grew up believing that America is a champion of laissez faire economics, a land of opportunity where a free and fair market determines the winners. Unfortunately, two major factors have prevented this from being reality; 1. Deregulation throughout the last several decades that has created a lopsided market and the widest wealth gap in the developed world. 2. Political corruption which has seen our elected leaders favor the interests of their donors and spend much of their energy upholding the legal advantage for corporate interests. (If you can call it outright corruption, more so opportunism. This opens up an interesting conversation about ethics which I may dive into at some point). This series of posts exploring the insider connections and intimate ties that run our government is going to start with the 2008 crisis and explain a little bit of our deregulatory background, take you through the inside connections…

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About kommonsentsjane

Enjoys sports and all kinds of music, especially dance music. Playing the keyboard and piano are favorites. Family and friends are very important.
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