Wall Street bailout

Bailouts for Millionaires, Not Autoworkers

By Dean Baker
From alternet.org
October 30th, 2008

alternet.org — After all, the average autoworker only makes $56,650 a year, who do they think they are?

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Loans? Did We Say We’d Do Loans?

By The New York Times
From nytimes.com
October 30th, 2008

nytimes.com — When they’re using taxpayer-provided capital, as they are now, Congress and the public have every right to require that the money be used to benefit the public directly, even if doing so crimps the banks’ profits. An even bigger problem is that the bailout was sold as a way to spur loans. If that never was — or no longer is — the primary aim, Congress and the public need to know that.

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