>This is an excerpt from a great article I wanted to share about the Uncut movement in the U.S. as well as Europe. Greed and wealth have reached a new all time high and both are at the top 2% of our population (the link to the entire article is listed below).
If it wasn’t already apparent, the 2008 financial crisis showed that unregulated markets are not safe, that they do not necessarily lead to the best outcomes for everyone, and that the financial services industry cannot regulate itself. Deregulated finance markets were at the heart of the economic crash that has taken great chunks off countries’ GDPs, thrown hundreds of thousands out of their jobs, and is now a precursor to mass cut backs in vital public services both in the U.S and in Europe.New Economics Foundation and Spinwatch have shown, it is actively trying to shield the financial services industry from undergoing reform.
In addition, increasing numbers of experts – from the UN agricultural chief to whistle blowers inside the banks themselves – are now calling for regulation to curb excessive speculation on food by banks. Believe it or not, it is actually the US that is leading the way on bank reform with the Dodd-Frank Act. The UK however is not only dragging its heals, but as both the