Wall Street’s Iron Grip and the Banking Industry Stranglehold is China’s gain and America’s loss
Can anyone remember how some politicians made it a point to bad-mouth China about how they manipulate their currency and the news media going crazy with stories about how China is taking over this country? How about those who do not have to try very hard to find a microphone, whining about how slow this economy is growing or those who screamed about how Corporate America is hiding money overseas and sending our jobs over there as well? Well it appears that Wall Street is not the only ones guilty of selling out this country for tax breaks, oil revenues or other personal considerations according to this article titled “ Mayor, Gorman head to China to raise $25M for Rockford hotel ” by Brian Leaf for the Rockford Register Star, our own mayor is using money from the city to travel to China to sell them a piece of Rockford. The article reports that “ Gary Gorman and Larry Morrissey are Shanghai-bound Wednesday to raise $25 million for Gorman & Company's $67 million plan ...