Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

Just as the TARP vote worked to get Congress’s imprimatur on public bailouts for the banks in 2008, the public’s participation in the stock market gave ideological cover to whatever the stock market did: if “the people” supported it, it must be democratic and just. Yet the public’s involvement with Wall Street, while it did grow, has always been overstated: stock ownership is concentrated at the top, with 81 percent of stocks owned by the top 10 percent, and 38 percent of stocks owned by the top 1 percent. Half of all households own no stock whatsoever. Mostly, their entanglement with finance is through debt.

—p.21 Banks Got Bailed Out, We Got Sold Out (13) by Sarah Jaffe 3 years, 1 month ago