Economists criticise US bailout plan
Americans are becoming increasingly anxious over how the economic crisis is being handled.
They are taking aim at Wall Street, and are protesting over the multi-million dollar bonuses paid to executives at the insurance company AIG after it was bailed out using taxpayers’ money.
Now economists fear that the US president’s strategy for economic recovery will fuel inflation.
Posted in Bailout, Corporations, economic collapse, economy, foreclosure, global financial crisis, government, great depression, homeless, hunger, obama, protest, recession, stimulus, unemployment
Tagged aig, Argentina, economic collapse, Foreclosures, Geitner, inflation, main street, obama, protests, taxpayer money, toxic assets, wall street
Rep Marcy Kapture: SQUAT your own homes!
Posted in economic collapse, economy, foreclosure, great depression, homeless, job loss, rebellious, rebels, recession
Tagged Foreclosures, great depression, main street, Marcy Kapture, rebellion, wall street