Bailout Money - Instead of Being Used to Stabilize the Economy or Even the Bailed-Out Companies - is Just Going to Line the Pockets of the Wealthy
The bailout money is just going to line the pocket of the wealthy, instead of helping to stabilize the economy or even the companies receiving the bailouts.
• Senate moves to allow FDIC to borrow $500 Billion
AIG “Was Going to Bring Down Europe”: Lawmaker
The U.S. government rescued giant insurer American International Group in part because its collapse would dramatically hurt European banks, a senior Democratic lawmaker said on Thursday.
The U.S. government rescued giant insurer American International Group in part because its collapse would dramatically hurt European banks, a senior Democratic lawmaker said on Thursday.
U.S. job losses seen jumping to 648,000 in February
Job losses in the United States likely accelerated last month and the unemployment rate probably surged to a 25-year high as recession-hit companies took drastic steps to cut costs, according to economists.
Job losses in the United States likely accelerated last month and the unemployment rate probably surged to a 25-year high as recession-hit companies took drastic steps to cut costs, according to economists.
Blueprints for a Police State
Seven newly released memos from the Bush Justice Department reveal a concerted strategy to cloak the President with power to override the Constitution.
Seven newly released memos from the Bush Justice Department reveal a concerted strategy to cloak the President with power to override the Constitution.
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