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Commentary :: Economy
From Scam to Scandal
Bailing out Wall Street billionaires is not exactly popular with voters, so Hank Paulson, George W's treasury secretary, came up with this cover story: It's not about Wall Street, it's about your street. He lied. There was never any connection between the bailout and credit flow.
"You might recall that we've always been told there's no money to do big American projects. Really? Then where did they find that $700 billion they're now handing out to Wall Street?"
to read Jim Hightower's article published 11/14/2008 in The Texas Observer, click on
www.texasobserver.org/article.php
to read Jim Hightower's article published 11/14/2008 in The Texas Observer, click on
www.texasobserver.org/article.php
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