Government of the Banks, By the Banks and For the Banks

We ought to be really concerned about a bank takeover of the country because we borrowed money from the banks to give to the banks, the banks give us toxic assets or hoard the money, or they use it to buy other banks. I don’t think the Founders envisioned government of the banks, for the banks and by the banks. Dennis Kucinich, Democratic Presidential candidate October 2008.

I thought America is supposed to be a “government of the People, by the People and for the People”.

But the financial companies have been allowed to use taxpayer bailout funds to lobby Congress.

And the government’s decisions about who to bail out and who not to fund are based on donations, lobbying and politics.

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