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: Mortgage Lender Implode-o-Meter

This country has changed. And it hasn?t. The power of the people remains intact.

By Implode-Explode Heavy Industries

"?The crash has laid bare many unpleasant truths about the United States. One of the most alarming is that the finance industry has effectively captured our government?a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF?s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: Recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we?re running out of time."

Full post as published by Mortgage Lender Implode-o-Meter on November 03, 2010 (boomark / email).