Wall Street's Top Ten Lies, 2009

Posted in reply to this: http://www.huffingtonpost.com/les-leopold/wall-streets-10-biggest-l_b_399759.html

Shouldn't the first lie listed be the same lie that we've been told every year for 96 years? That lie being this:

"The Federal Reserve is not a private corporation, does not operate the monetary system for the profit of its owners, does not purposely create boom and bust cycles, does not act against the best interests of the American wage earners."

That lie should be at the top of any list like this, every year.

Everything else on your list is useful for explaining why we trudge through Wall Street's elephant dung  year in and year out, but you can't talk about the dung without describing the biggest elephant dropping it.