With the $700 billion Wall Street bailout as an initial down-payment, the American people are facing a staggering price tag for nearly three decades of an anti-regulatory zealotry – mixed with intense nationalism and “perception management” strategies – launched by Ronald Reagan in the 1980s.
Indeed, to understand how the United States got into its current fix, one must look back at what was done in that earlier period, says journalist Robert Parry.
Consortiumnews.com
is a product of The Consortium for Independent Journalism, Inc., a non-profit organization
that relies on donations from its readers to produce these stories and keep alive this Web
publication.