Ooooh…a guessing game. I wonder who it could be? Hmmmm? Let’s find out below the fold!
Tag: Financial Bailout
Oct 25 2008
Oct 07 2008
THE BANKERS will soon begin collecting their $700 billion ransom from taxpayers. And they can thank Barack Obama for helping them get away with it.
Oct 06 2008
Have no doubt that the bailout of the financial sector is reactionary. It’s a bunch of little boys sticking their fingers in the dike to save the bosses. Unfortunately, there are many more muskrats on the other side weakening the dike.
Oct 01 2008
Sep 30 2008
And editorial original to All Over the Board:
So bailout plan A failed. All well and good, but you know that there will be a bailout plan B, C, D, etc. until the bosses get what they want. My guess is it’ll take tomorrow’s session on the stock markets around the world and the failure of another big bank.
Sep 23 2008
Original article, an editorial subheaded Whether or not Henry Paulson’s rescue scheme works, one thing is already crystal clear: The capitalist system has failed spectacularly, via socialistworker.org:
THE BUSH administration’s treasury secretary, Henry Paulson, is demanding the financial equivalent of martial law–$700 billion and a blank check to rescue the Wall Street system from the catastrophe caused by the blind greed of the super-rich parasites who run it.
Sep 09 2008
The Financial Times has hailed the effective takeover of Fannie Mae and Freddie Mac by the US government as “what could become the world’s biggest ever financial bail-out.” Treasury secretary Henry Paulson has promised he will pump in ‘unlimited liquidity.’ Don’t you wish the government would grant you unlimited liquidity? When it comes to the food and fuel bills of the poor and the working class, the British and American governments find that the cupboard is bare. But now it’s not bare. Predictably markets all over the world have breathed a sigh of relief. Fannie and Freddie have effectively been nationalised – and big business thoroughly approves!