The U.S. government is basically using the taxpayer to guarantee against downside risk on the value of these assets, while giving the upside, or potential profits, to private investors, “Quite frankly, this amounts to robbery of the American people. I don’t think it’s going to work because I think there’ll be a lot of anger about putting the losses so much on the shoulder of the American taxpayer.”
-Nobel Prize-winning economist Joseph Stiglitz comments on the newly unveiled Toxic Assets Plan
Dusty Rebel Captures Street Life and Art in Eclectic NYC - The Dusty Rebel in action in this still from the documentary Stick To It. Dusty Rebel is a has been delivering New York street life and Street Art to you f...