Pass It On: Bailout Beach Party '08
The other day we sent you an article about how John McCain spent his bailout vacation.
Now we see that he was not alone, as AIG assuaged its bailout guilt with a deluxe California retreat. Just in case you’d been convinced that big business will actually use the bailout money to recapitalize and stabilize, we invite you to scan the nation’s beaches to see your tax dollars hard at work.
The problem is clear: The finance sector has not learned fiscal responsibility from this crisis. The bailout will not recapitalize our banks and businesses; it will merely reinforce the worst habits of corporate capitalism.
Onward!
Ashley Sanders
The Nader Team
Today’s Pass It On article was written by Peter Whoriskey and was published in The Washington Post. You can read the original article here.
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Note: By submitting your comments you acknowledge that Nader for President 2008 has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that due to the volume of comments we receive, not all comments will be published and it may take several hours for your comments to be reviewed, and those that are published will not be edited. But all will be carefully read, considered and appreciated.
Your comment will be visible to you (and only you) after you post it, at which point it is queued for consideration and no longer visible. Please refrain from submitting your comments multiple times.
