Are bankers the new slave owners, Metro Detroit the new plantation?

[Purveyor]

High interest loans and foreclosed homes could be signs of a modern slave-plantation system taking hold in Metro Detroit, according to Southfield lawyer and former gubernatorial candidate Geoffrey Fieger.

In a recent post on his blog, the always outspoken Fieger questions how long before civil unrest manifests itself, as citizens grow frustrated with their tax dollars being used to underwrite "the same multibillion dollar banking and investment firms who have ripped us all off."

Fieger Time, July 7: Citibank, which charges the people of Wayne County more in interest rates than some loan sharks, is increasing the salaries of managers 50% and giving out bonuses greater than those given before the recent bust - AFTER receiving billions of dollars of tax money for a bailout! Meanwhile, Detroit is becoming the reincarnation of Batista Cuba where poverty and desperation surrounds a few oases of Casinos and yacht clubs.

Fieger isn't one to mince words. During his 1998 run for Governor, he regularly lambasted John Engler. Some classics courtesy of the October 1998 Michigan Review:

• "John Engler has never held a real job in his life. The only experience he has is robbing you, cheating you and lying to you. He's the biggest crook there is in this state.

• "He's a man of mediocre intelligence who's never done anything in life but suck off the public trough.

MORE...

MLIVE: http://www.mlive.com/news/detroit/index.ssf/2009/07/geoffrey_fieger_are_bankers_th.html

[stray cat]

1. No - the post mimizes real slavery