Current Events — HabitableZone

Current Events

B of A gets an easy $20 billion. US automakers have to fight for scraps. The reason -

"Treasury and BofA near bailout deal. Banking giant will get $15 billion to $20 billion in new government support."

"Do Detroit’s automakers deserve a bailout?"

Is anyone claiming the banks were better run than the auto companies? The difference is that the banks were run to enrich wealthy people, whereas the unions guaranteed at least a share of the wealth to all of those who put their time into building the cars.

It's class warfare, another assault upon the middle class, carried out with the aid of the middle class. There is a form of genius operating here.

Arf

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