People in the financial world are panicing, regulators are embarrased and credit consumers are suffering, but who do you thing the government wants to rescue first? the struggling banks which made the mistakes that led to the credit crisis, and which cannot be allowed to go bankrupt because that would disrupt the economy. meanwhile consumers are stuck with bad credit loans and credit cards they cannot pay off.
They say the world favours the priveleged and this financial crisis proves it.
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