the 700 BILLION Wall st. Bailout!!!!!-2/3

Sen. Bernie Sanders, Robert Scheer and Dean Baker on the Proposed $700 Billion Bailout of Wall Street, the Largest Government Bailout of Private Industry in US History

Its being described as the largest government intervention in private markets since the Great Depression. The Bush administration has asked Congress to swiftly approve a massive $700 billion package to rescue the crippled financial institutions on Wall Street. Some analysts say the final cost to taxpayers could top one trillion dollars. Over the weekend, the size of the proposed bailout grew as the Bush administration said foreign banks, including Barclays and UBS, should be eligible for the bailout. [includes rush transcript]

Category:

News & Politics

Tags:

• wall
• street
• banks
• capitalism
• marxism
• barclays
• democracy
• now

[hellbendernut]

The real story....

[SurferRosa79]

yep, do a freeze on foreclosures...why didn't the members of congress vote for that? $

[RedMister1]

Let them go down! Let their credit go to crap! Take away their homes an other property to be auctioned off. They can pay their debt that way. Or atleast a portion of it. NO BAILOUT of any kind!!!!

[tobasco77]

Excellent Point: For years we hear that there is NO MONEY to give Americans HEALTH CARE yet now suddently we have $700 BILLION available????

The point is, they can CREATE MONEY for whatever they care to. Obviously they dont CARE about the Middle Class or Low Class people in America!!

[kendjo]

senates questioning was a circus. "bernake you are a superstar, a superstar" one senator said. Better believe paul handed it to them.

[OnenessNow]

Thank you Bernie Sanders for these moments of

TRUTH.