THE Obama administration’s $500 billion or more proposal to deal with America’s ailing banks has been described by some in the financial markets as a win-win-win proposal. Actually, it is a win-win-lose proposal: the banks win, investors win — and taxpayers lose.
Obama sells out taxpayers
April 1st, 2009 · No Comments
Tags: 2008-2009 Financial Crisis · Barack Obama · corporate welfare · democracy · double standards · United States
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