Senators bail out their banker buddies but stiff workers and their unions

Hightower Lowdown by Jim Hightower | Jan. 1, 2009 (Opinion)
Hawking the myth of the $73/hour auto-worker

The reason that the Wall Street bailout has not worked is quite elementary. Congress and the White House attached no requirement whatsoever that the recipients of our money use it to make loans! It seems that Washington didn't feel that it should "interfere" in the decisions of the financial deities. Country rubes attending their first carnival sideshow are not this gullible. Full Story »

Posted by Dwight Rousu

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Subjects: Politics, Business, Living
Topics: U.S. Congress, Congressional Oversight, Finance, Labor, Money, Corruption in Congress, Corruption
Member Tags: Auto Industry, Unions
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Posted by: Posted by Dwight Rousu - Jan 8, 2009 - 6:57 PM PST
Reviewed by: Dwight Rousu (review), David Fox (review)
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Edited by: Dwight Rousu - Jan 8, 2009 - 6:57 PM PST

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Dwight Rousu
4.5
 by Dwight Rousu - Jan. 8, 2009

Hightower provides overview, details, and good Texas sarcasm in looking at Congressional royal treatment of fraudulent bankers and tawdry treatment of peasants in the auto industry. Quite readable.

(Note: the site has a small pay to play, or bleed to read subscription to see the whole article.) Disclaimer: I pay to support this independent view.

Dwight posted this story.
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David Fox
3.0
 by David Fox - Jan. 12, 2009
See Full Review » (2 answers)

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