Site 83 Economic Sanity Bailout Update
14 Jan 09 .
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Bailout Update 18 Nov 08 1 Feb 09 |
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. November 18, 2008: The Bush administration has already spent about 300 billion dollars bailing out the banks and the other financial institutions, but when proposals are put fourth that directly affect jobs of the working class, (such as assistance to the auto industry or assistance for home owners to ovoid foreclosures) we hear nothing but excuses as to why they can't be done. In pushing congress to vote for the 700 billion dollar bail out, Congress was promised money to assist directly with home owners facing foreclosures. Once the bill was passed, the George Bush and Company reneged on their promise and in subtle indirect term and with an arrogant demeanor, Paul Volker told congress to take their objections and "place them where the sun doesn't shine." When one examines the hidden agenda under the surface of this financial fiasco, the same old pattern emerges:
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. If you have not
yet experienced Back to the top of this page ¹ TLC-Life-Center Family of Websites Copyright © 2008 -- Robert E. Coté -- The Life Center All rights reserved. See: Terms of Use² . Site 83 -- Economic Sanity 101 .com Page -- Bailout Update http://www.EconomicSanity101.com/bailout-update.html#83 Bailout Update- What's Under the Facade-83-EconomicSanity101.com . . .... |
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