The middle class always pays

The fix is in — and the middle class pays. That is the point of this column by Richard Parker, from the McClatchy-Tribune news service. The banks and the government — with collusion from both political parties — have created a system in which financial institutions can do what they want without consequences. When the banks and investment firms make bad decisions — which is often — they get bailed out by the government, which means we clean up their mess.

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