The solution to the banking crisis. Simple just put the bankers in charge stupid!

The new leaders of Greece and Italy, ravaged by never ending debt, are from the very institutions that got them to borrow and borrow like there was no tomorrow. New the EU is “solving” the crisis by letting them lose to create even more unimaginable debt. Will it work. The Keiser Report on Russia Today thinks not, but the damage on the way will be heavy to say the least.
Ten years or so back banks were regulated to some degree, but now the big five financial institutions in the US are exempted from regulations. Ten years back these bankers would be in prison for stealing our money, but they have used the spoils to buy off members of the US Congress and have become untouchable. A small elite who can dictate their terms. Meanwhile the 99% protesting at what is happening are finding the full force of the state coming down on them as tent cities are cleared away and peaceful protestors are getting pepper sprays an worse. Elderly people and veterans are getting caught up. An 84 year old woman was sprayed and two ex army veterans have been seriously wounded . Why aren’t the police protecting the people? Presumably because their bosses, like Mayor Bloomberg in New York, are also representative of the wealthy elite and give the police their orders.
In the UK the Anglican Church has spoken out on the effect cuts are making on the most vulnerable and asking the government to think again.

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