Fatcat Bailouts, Little Guy Gets Nothing

by James & Miel on August 3, 2008 · 0 comments

Hi All,

This from The Nation “Talk about warped priorities! The government puts up $29 billion as a “sweetener” for JP Morgan but can only come up with $4 billion for Cleveland, Detroit and other urban ruins. Even the mortgage-relief bill is a tepid gesture. It basically asks, but does not compel, the bankers to act kindlier toward millions of defaulting families.

Read the rest of the article here.

Best,

James

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