Jack Rasmus on the Financial Crisis and What It Means for You October 14, 2008

Epic Recession, Global Financial Crisis & What It All Means for You

With political economist Jack Rasmus, Ph.D.

An in-depth examination of the crisis facing Wall Street and what it all means for Main Street. Lecture with a heavy emphasis on audience Q&A.

Jack Rasmus, Ph.D. is the author of several books on Political Economy in the U.S., including the 2006 _The War At Home: The Corporate Offensive from Ronald Reagan to George W. Bush_ and the forthcoming _EPIC Recession and Global Financial Crisis_.

"Of course, 'nationalization' to capitalist financial interests is a stop-gap measure designed to temporarily refloat the markets and institutions at taxpayer expense. Once they are financially stabilized, the idea is to sell them back to private interests -- when they can make a profit once more. It’s the basic capitalist strategy of socialize the costs and privatize the gains." ~ Jack Rasmus
Sponsored by Peninsula Peace and Justice Center ~ 650-326-8837 ~ www.PeaceandJustice.org

Official Website: http://peaceandjustice.org/article.php?story=20080919134029364