Follow this link to the story in Rolling Stone. The sub-title to the article is How the nation’s biggest banks are ripping off American cities with the same predatory deals that brought down Greece.

This is a good story to read if you believe that local government control is better than any interference from the federal government. (Well, maybe not. It’s not clear what you will think after reading this.)

If you are easily offended by some 4 letter words, then the story is not for you.

In case you opt to skip this incredible story (not April 1st anymore), here is the closing of the article:

And even if the regulators manage to catch up with them billions of dollars later, the banks just pay a small fine and move on to the next scam. This isn’t capitalism. It’s nomadic thievery.