Monday, September 22, 2008
Real News Video: Free Market Bailed Out
700 billion dollar Wall St bailout bailout by Bush administration; 35 years of neo-liberalism crashes
"President Bush says the $700 billion of Wall St. necessary because he's worried about "Main St." Democrats say this plan has nothing in it for Main St. and needs changes. Ron Blackwell, Chief Economist at AFL-CIO says the neo-liberal policies of the last 35 years have failed. Economis Prof. Ellen Frank of the University of Massachusets adds: "This is clearly socializing risk with returns still privatized""
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