Listening to: Rain. Rain.

Reposted from: http://www.democracynow.org/2008/9/22/sen_bernie_sanders_robert_scheer_and via lumpen.org
 

It’s 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.

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A around 9:30 this evening, Lumpen wrote...

"Why are we giving all the richest people in America a $700 billion bail out on a minutes notice and not using $700 billion to bailout you or me. Do you really want to pay some shit head a $15-30 million golden parachute for running their banks and investment firms like shit?"

I couldn't  agree more...