Poorest, most vulnerable paying for bank bailouts

US unemployment hits 25-year high

A US government report says the US economy lost 539,000 jobs in April, catapulting the unemployment rate to 8.9 percent -- its highest point in a generation.

//www.presstv.ir/detail.aspx?id=94037&sectionid=3510203



Fannie asks for another $19 billion

FNM 0.82, -0.06, -7.1%) asked for an additional $19 billion from the Treasury Department on Wednesday, the firm revealed on Friday.

//snipurl.com/hn1wg


Poorest, most vulnerable paying for bank bailouts

"Here we have just this transfer, this massive transfer of public wealth into private hands," Klein explained, "and that's continuing and it's much, much larger, just on a much larger scale than any of the investments we're seeing through the stimulus or the budget."

//snipurl.com/hn1xq


From Information Clearing House



//freepage.twoday.net/search?q=US+economy
//freepage.twoday.net/search?q=bailout
//freepage.twoday.net/search?q=stimulus
//freepage.twoday.net/search?q=unemployment
//freepage.twoday.net/search?q=Fannie
//freepage.twoday.net/search?q=Naomi+Klein

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