Posted by seumasach on December 21, 2008
Jim Kirwan
20th December, 2008
The Dictator announced his relief-package for the Big Three yesterday: The media is calling it “a Christmas-gift.” This is a LOAN-agreement: Gift’s do not come wrapped in razor wire. This too-little-too-late proposal is meant to bring an end to the problem of having to pay anyone, for whatever they do on-the-job in the United States.
Posted in Financial crisis | Tagged: bailout industry not finance, financial collapse, financial fraud | Leave a Comment »
Posted by seumasach on December 4, 2008
Cameron Salisbury
3rd December, 2008
If anyone doubted that a class war is in progress, hidden beneath a variety of euphemisms, like ‘bail out’, ‘downsizing,’ ‘outsourcing’ and ‘NAFTA’, their doubts can now be given the decent burial that they deserve. There has been no more blatant act of class antagonism in recent memory than the apparent willingness of Congress and Wall Street’s appointed grifter, Henry Paulson, to let a major part of the American manufacturing sector die.
Posted in Financial crisis | Tagged: bailout, bailout industry not finance, detroit, finance v. production | 1 Comment »
