Sunday, March 28, 2021
Consequences of Theft
The 2009-2010 bank bailouts provided venture capital for investment banks to speculate in real estate, causing rents to skyrocket, and generating widespread homelessness nationwide. 40 years of privatization--beginning with the Reagan Administration--has left public housing and public health in tatters, and accelerated the globalization of poverty. This institutional cruelty received bipartisan support.
