The Spark

the Voice of
The Communist League of Revolutionary Workers–Internationalist

“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx

2008 Crash Was Avoidable—So Why Are They Doing It Again?

Feb 7, 2011

How the government loves investigations!

The economic crisis and banking collapse of 2008 has now been “investigated” by the Financial Crisis Inquiry Commission (FCIC).

The commission chairman released the FCIC report by saying the crisis was “avoidable.”

The report said that if steps were not taken, “it will happen again.”

A member of the commission said later, that the financial system is “not really very different” today.

Since it’s all true, it means that those who caused the last collapse are preparing the next one.

Why does government investigate when it doesn’t act on what it finds? Obviously–in order to do nothing.