Authors present differing opinions on whether investment bankers are responsible for the American financial crisis, whether Wall Street financiers manipulated the stock market to benefit themselves, and whether the wealthy should pay taxes at a higher rate.
Content Note
American beliefs about the wealthy are changing / Michael Hiltzik - Investment bankers are responsible for the American financial crisis / Bill Buzenberg - Investment bankers are not responsible for the American financial crisis / Jim Reynolds Jr. - Rich white men--not minorities--caused the American financial crisis / Alex Blaze - Loans to minorities fueled the American financial crisis / Michelle Malkin - Wall Street financiers manipulate the stock market to benefit themselves / David C. Korten - Wall Street bailout recipients should not pay bonuses to employees / Ruth Conniff - It is necessary to pay bonuses to Wall Street employees / Edward M. Liddy - The wealthy profit at the expense of the poor and middle classes / Leslie Davis - The wealthy should pay taxes at a higher rate / George Lakoff and Bruce Budner - Raising taxes on the wealthy is bad for the economy / George F. Will - Raising state taxes on the wealthy harms state economies / Arthur Laffer and Stephen Moore - The health care system favors the wealthy and harms the poor / Guy Adams - The wealthy are monopolizing prime living space / Barbara Ehrenreich - The addictive striving for wealth has negative social repercussions / Peter C. Whybrow.