I was listening to Robert Kennedy Jr. on his radio show, Ring of Fire, on Air America on Saturdays, which you can also podcast from iTunes. On October 11 he was talking to Naomi Klein and they were saying how the bailout is another example of the Bush administration giving a handout to corporations.
The point that sticks in your head is when they say the economic system is crony capitalism - profits are privatized, and losses are socialized. Wow. What a world we live in. I mean, you get the sense that you are up against some powerful interests, but that just lays it down for you. The government lets the companies keep the profits, and the taxpayers pay for the losses.
Where is true capitalism when you need it.
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