How Wall Street Hustles America's Cities and States Out of Billions | Economy | AlterNet

How Wall Street Hustles America's Cities and States Out of Billions | Economy | AlterNet
"We all know that America’s cities and towns are in the throes of a deep financial crisis. And are told, over and over, what’s supposedly behind it: unreasonable demands by grasping state and municipal workers for pay and pensions. The diagnosis is a grotesque cartoon. Many of the biggest budget busters are on Wall Street, not Main Street."