Fed: JP Morgan Poses a ‘Serious Adverse Effect To US Financial Stability’ While Media Ignores

from Jesse’s Café Américain

“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” – Upton Sinclair

And these days it is not always so obviously a question of salary. But it is often a question of access to the powerful, and the great favors, money, and privileges that they may grant as a reward.

There has been no meaningful and sufficient financial reform in the US, thanks in large part to the money power of the Banks and their faithful courtiers in the professional and political classes.

How can we not expect political failures in financial reform when almost fifty percent of Super Pac money comes from just 50 sources?

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