Banks, not people, are this country’s biggest recipients of welfare

Commentary | September 4, 2013 | By John Burbank | Real Change

As the biggest welfare recipients in the history of our country, these banks have gained political power. They can ignore the long-term consequences of bad risk taking, knowing that before they fail, they will be bailed out. They can lean on government in times of crisis and make off with tremendous profits once the crisis is averted. Enough is enough.

Read more >

Latest Blog Posts

What are we getting out of Boeing’s tax breaks?

John Burbank | April 6, 2017

Democracy is a participatory process

Marilyn Watkins | March 16, 2017

Related Publications

Every Job a Path to Opportunity

Report | August 3, 2016

Equal Pay and Opportunity

Issue Brief | April 12, 2016

Posted in State Economy