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September 25, 2010

Quote of the week: economist Shiller says people feel "a small group of wealthy people who get bailed out and bribe the government are in charge"

Atlantic Yards Report

Atlantic Yards is a reflection of something gone seriously wrong in the United States, not just Brooklyn.

Economist Robert Shiller, BusinessWeek:

There are many dimensions to trying to restore confidence. A plan to reduce the national debt is a relatively small part of it at this point. The really big thing is, people are very upset. They feel that the country is not theirs, and that a small group of wealthy people who get bailed out and bribe the government are in charge.

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Posted by steve at September 25, 2010 8:54 AM