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Bernie Sanders: Bailout Transfers Wealth -- Upward

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posted on Sep, 23 2008 @ 09:20 AM
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Bernie Sanders: Bailout Transfers Wealth -- Upward


www.thenation.com

Democratic presidential candidate Barack Obama, like rival John McCain, has yet to take a stand one way of the other on the proposal to have U.S. taxpayers bail out the worst players in the U.S. financial system with a scheme to buy up $700 billion worth of bad loans.

Here is what independent Senator Bernie Sanders of Vermont is saying:

(visit the link for the full news article)

Mod Edit: Breaking News Forum Submission Guidelines – Please Review This Link.



[edit on 23/9/2008 by Mirthful Me]




posted on Sep, 23 2008 @ 09:20 AM
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Let the banks fail... they deserve it.

The greedy bastards already control the vast majority of the wealth in this country... they don't need anymore or there will be real class warfare in this country and it won't be some right wing catch phrase.

www.thenation.com
(visit the link for the full news article)

[edit on 23-9-2008 by grover]



posted on Sep, 23 2008 @ 09:28 AM
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Of course it does. That was the plan. Allow the middle class to accumulate some wealth and then take it. A re-run of the same exact scenario that played-out in the 30's. And BTW, the Republicans were in power then, too.

Party in Power Graphic



posted on Sep, 23 2008 @ 09:30 AM
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After what I have witnessed over my lifetime, I wouldn't vote republician for toilet cleaner.




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