World-News: Free money creation to bail out financial speculators, but not Social Security or Medicare

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Free money creation to bail out financial speculators, but not Social Security or Medicare

Only the 'Crazies' Get the Bank Giveaway Right

By Michael Hudson

In the case of bailing out Wall Street - and thereby the wealthiest 1% of Americans - while saying there is no money for Social Security, Medicare or long-term public social spending and infrastructure investment, the beneficiaries are obvious. So are the losers.

http://www.informationclearinghouse.info/article28354.htm

http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=bailout
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=speculat
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Wall+Street
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Big+Banks
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=wealthy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=social+security
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=medicare
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Michael+Hudson

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Starmail - 18. Jun, 06:01

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