bailout

From Empire to Democracy

Oct 02, 2008 By Howard Zinn, published on Z Space

Let's not waste $700bn on a bail-out, but use 'big government' for what it's best at - shaping a society that is fair and peaceable.

This current financial crisis is a major way-station on the way to the collapse of the American empire. The first important sign was 9/11, with the most heavily-armed nation in the world shown to be vulnerable to a handful of hijackers.

DENNIS KUCINICH TELLS THE TRUTH...


Bail Out Mainstreet


Why Bail? The Banks Have a Gun Pointed at Their Head and Are Threatening to Pull the Trigger

By Dean Baker - September 29, 2008, Published on TPM Cafe

If you have a real story, you don't have to make up phony stories. That's pretty straightforward.

I've heard lots of phony stories. Much of the country's political and economic leadership has been running around raising the prospect of the Great Depression and a breakdown in the banking system (I actually had taken the latter seriously). These stories are absolutely not true.