The Federal Reserve Chairman says he expected the unemployment crisis to improve faster than it has, and new measures designed to curb unemployment could be on the way. Unemployment.info looks at what it could mean for unemployed workers.
The entire regulatory apparatus allegedly keeping an eye on banks / hedge funds / large corporations et al were actively complicit in allowing them to get away with, literally, murder, at least in the financial economic realm.
The boom and bust cylce is a financiers best friend. During the good times, there are plenty of loans to make with great rates of interest. And in the bust years, bankers can gain assets when debtors default on interest payments.