Bernie Shoots the Bailout Package Full ‘o Holes

By Jesse McDougall

As always, Senator Bernie Sanders (I-VT) is a force for good in this world. On October 2nd, he stood before the senate and described—in detail—how and where this bailout package fails middle class Americans. He calls Bush’s original bailout proposal “absurd” and admits that while this second (and now passed) version is far better, it still falls woefully short in the following ways:

  • oversight board members hand-picked by Bush
  • does not specify what the $700 billion is buying
  • does not protect middle class families from foreclosure
  • does not prevent CEO rewards and golden parachutes
  • does not fix the original causes of the problem
  • forces the middle class to pay for the mistakes of the wealthy

Bernie has additional points, which you can see in the video.

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aig is a...

welfare queen.

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