The bailout in under ten minutes
The Nation
by Chris Hayes
10/06/09
The Nation’s DC editor, Chris Hayes, provides a quick run-down of the bailout, its limited trajectory, and what its limitations mean for the Obama administration. Although Hayes’ explanation is easy to understand, the continued profits that the bailout is providing for Wall Street — and no one else — are more difficult to swallow. Because of the staggering 17.5 trillion dollars being pumped, basically for free, into the banks, they’re making profits — but the bucks stop there. If that’s the only silver lining, Hayes explains, this misdirected spending is a ‘ticking time bomb’ for Obama...
http://www.thenation.com/doc/20091019/hayes_video
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=Chris+Hayes
by Chris Hayes
10/06/09
The Nation’s DC editor, Chris Hayes, provides a quick run-down of the bailout, its limited trajectory, and what its limitations mean for the Obama administration. Although Hayes’ explanation is easy to understand, the continued profits that the bailout is providing for Wall Street — and no one else — are more difficult to swallow. Because of the staggering 17.5 trillion dollars being pumped, basically for free, into the banks, they’re making profits — but the bucks stop there. If that’s the only silver lining, Hayes explains, this misdirected spending is a ‘ticking time bomb’ for Obama...
http://www.thenation.com/doc/20091019/hayes_video
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=bailout
http://freepage.twoday.net/search?q=Wall+Street
http://freepage.twoday.net/search?q=Chris+Hayes
rudkla - 7. Okt, 10:01
