by Zach Carter, Media Consortium blogger

Last week, the Securities and Exchange Commission filed fraud charges against Goldman Sachs and underscored what most Americans have believed for some time: Wall Street has rigged the economy in its own favor, and will stop at nothing—not even outright theft—to boost its profits. What’s worse, Goldman’s scam could have been completely prevented by better regulations and law enforcement.

Need some tools to understand and take **constructive action** to fundamentally restructure the shameful legislation that led to bailouts, obscene bonuses, and economic fraud? Nine minutes and a good Internet connection are your ticket to a brief overview.

I think we have to look at the public stimulus, and the bank bailout separately. And, when I say bank bailout, I’m referring to $12 trillion worth of loans, federal reserve facilities, extra credit lines to the FDIC to keep up, and everything else (I have an excel spreadsheet of the breakdown I’m putting in the book if anyone wants to see it)The public stimulus is too small, the bank bailout is too large, plus the financial system is not really being reined in, despite all the talk of regulatory reform. so, I don’t see it getting better any time soon. I see it getting much worse.