http://www.prosebeforehos.com/progressive-economics/10/05/the-modern-day-bailout/ The Pen Is Mightier Than Thy Wench Mon, 13 Feb 2012 04:30:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.prosebeforehos.com/progressive-economics/10/05/the-modern-day-bailout/comment-page-1/#comment-84818 alec Mon, 06 Oct 2008 23:44:45 +0000 http://www.prosebeforehos.com/?p=2385#comment-84818 But who in power is interested in bailing out the lower and middle class? Neither Republicans nor Democrats, so what is to be expected? They depend on the 'contributions' from the financial sector to fund their own livelihoods -- it seems illogical to expect them to bite the hand that feeds them. But who in power is interested in bailing out the lower and middle class? Neither Republicans nor Democrats, so what is to be expected? They depend on the ‘contributions’ from the financial sector to fund their own livelihoods — it seems illogical to expect them to bite the hand that feeds them.

]]> http://www.prosebeforehos.com/progressive-economics/10/05/the-modern-day-bailout/comment-page-1/#comment-84814 John Maszka Mon, 06 Oct 2008 21:18:06 +0000 http://www.prosebeforehos.com/?p=2385#comment-84814 This bailout is just one more example of the indivisible handjob stroking irresponsible CEOs and CFOs with billions so that they can run the American economy even further into the ground. So much for Keynesian economics. If the goal is to stimulate the economy, why not give the money directly to the American taxpayers? The government could do twice as much good for the economy by returning half as much money (as the bailout requires) directly to the hardworking American taxpayers. A bird in the hand is worth two in the bush administration. This bailout is just one more example of the indivisible handjob stroking irresponsible CEOs and CFOs with billions so that they can run the American economy even further into the ground. So much for Keynesian economics. If the goal is to stimulate the economy, why not give the money directly to the American taxpayers? The government could do twice as much good for the economy by returning half as much money (as the bailout requires) directly to the hardworking American taxpayers. A bird in the hand is worth two in the bush administration.

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