Can A Bailout Succeed? Not without these elements and possibly not with them
For the first time in recent memory Congress listened to the American people and blocked Paulson’s bailout of his rich buddies by US taxpayers. The same Congress that refuses the public’s demand that the Bush regime be held accountable and its gratuitous wars halted refused to hand over $700 billion to the financial institutions whose irresponsibility has brought the US to its worst economic crisis since the Great Depression.