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Wall Street Bailout

Main Street's Resentment Over Wall Street Bailout

Washington Post | Joel Achenbach | Posted 05.25.2011 | Business

The bailout doesn't smell right to the people of Manassas Park, where the foreclosure signs are as common as azaleas. They know all about bad debt her...

Bloomberg: Obama, Not McCain, Has Steady Hand

Bloomberg | Posted 05.25.2011 | Politics

For the first time since 1932 a presidential election is taking place in the midst of a genuine financial crisis. The reaction of the candidates was r...

Every Man For Himself, Said The Elephant Among The Chickens

Leonce Gaiter | Posted 05.25.2011 | Home
Leonce Gaiter

Andrew Sullivan says he believes in "personal responsibility." But like most conservatives, he only believes in it for proles. Money buys morality in today's America--just like it buys administrations.

The Plot Thickens -- Details You Need To Know About The Bailout

Sheila Tendy | Posted 05.25.2011 | Business
Sheila Tendy

Taking distressed mortgage-backed securities off the books of banks will not be enough to stabilize the financial system, as the total exposure to credit default swaps is still largely unknown.

The Middle Class Must Not Be Forced to Bail Out Wall Street Greed

Sen. Bernie Sanders | Posted 05.25.2011 | Politics
Sen. Bernie Sanders

This proposal is an unacceptable attempt to force middle income families to pick up the cost of fixing the horrendous economic mess that is the product of the Bush administration's deregulatory fever and Wall Street's insatiable greed.

The Bailout: The Bond Billionaires Piggybacking The American Taxpayer For Another Gilded Ride

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

As the outlines of the "bailout" package come into focus, initially limiting the bailout to redeeming assets from American institutions, the fine hand of the influence peddlers are already all over the program.