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The historic election of President-elect Barack Obama has moved this country into a new era- a time in which the forces of racism, hatred and a divided America have little or no support from the general will of its citizens. More ... Everywhere today politicians are blaring that they must save America's financial institutions, alleging catastrophic risk to the economy were any to fail. Paulson and the entire Bush administration, in a discernible panic, are now pouring $700 billion into the big banks, having already bailed out AIG, Fannie Mae, Freddie Mac, and Bear Stearns to the tune of $300 billion. More ... |
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