July 07, 2011

Two headlines, one crisis

the Chicago Tribune's highlighted web business section this morning featured the two headlines below:

Wall Street set to extend gains

Leaving aside that the term "rebound" falsely implies the exact opposite of what is happening and continues the delusion that housing prices can or should 'rebound' back to bubble-inflated prices, those of us paying attention realize these are actually the same story: Wall Street recklessness and corporate greed fueled the housing bubble, crashed the economy and these CEOs extended their gains going up and down.

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