Why ask: "Are Goldman Sachs and the Megabanks Able to Wipe out an Entire Economy with a Keystroke?"

Source: www.alternet.org

Tom Usher wrote or added | "...unregulated stratagems like credit default swaps (valued at least at $36 trillion and counting), naked shorts, high-frequency trading, dark pools and more deliberately inscrutable mechanisms all suck up taxpayer and investor money without ever creating anything of actual value for most of us."

No, they do it without ever creating anything of actual value, period. They are a net liability, always.

Tom Usher

About Tom Usher

Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.