by Money and Markets, 02-21-10
Trusting Washington and Wall Street is bankrupting millions of Americans ... and now they're at it again!
In the 1990s, Wall Street urged you to buy Internet stocks at 500 and 1,000 times earnings — and even tried to railroad you into stocks with no earnings at all.
Result: According to the Fed, nearly $6.6 trillion vanished into thin air when those stocks crashed and burned.
Then, in 2001, Washington got into the act — driving interest rates to their lowest levels since World War II ... helping to create the greatest real estate bubble in history ... and doing absolutely nothing when money-hungry bankers and brokers broke every rule in the book.
(read on)
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