But this is the way we have lived for at least 40 years in the United States and it has real, long-term impacts.
Bill Foster: “But this is the way we have lived for at least 40 years in the United States and it has real, long-term impacts.”
Editor's note · Context
Foster discusses the long-term effects of federal tax distribution in the U.S.
Share
More from Bill Foster
I have been amused for a long time at how can it be that there is legislation supported by 70 or 80 percent of the public, a clear majority of Members of Congress, and yet we are not allowed to even vote on it.
I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.
I think it is my personal goal to die before we have another financial crisis, and then I will be doing my job well.
Do you remember with AIG, the real problem with AIG falling into bankruptcy is that it would immediately put a bazillion of the European banks into violation of their capital requirements, which was major contagion that----





