- Chelsea Green - http://www.chelseagreen.com/content -
Vermont’s Bernie Sanders and His Argument Against the Bailout
Posted By admin On September 23, 2008 @ 4:46 am In Politics & Social Justice | No Comments
Senator Bernie Sanders (I-VT) is a national treasure. He never fails to speak his mind with passion and clarity. Too often he is dismissed as the kookie-haired Senator from the bluest state in the nation. (And Proud of It!) But Bernie is a man of the people. And in these times when it is difficult to see where Washington stops and Corporate America begins, public servants like Sanders are rare and valuable.
Case in point. Bush, McCain, and fellow cronies are in the process of socializing Wall Street as a means of avoiding a the total collapse of our economy that their unregulated “trickle-down-economics” has been flirting with for the better part of the last few years. At its core this simply means that American taxpayers are bailing out the companies that are foreclosing on our homes, calling in our loans, and canceling our lines of credit. The upper-class economy has been booming at the expense of the middle-class economy and suddenly the American economy is in trouble. And we’re supposed to reward the greedy and corrupt by buying their companies.
Bernie Sanders has something to say about that. If you have time, this argument against the bailout as proposed is worth watching.
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