Thursday, October 2, 2008

Progressive Proposals Call for Relief from Subprime Predatory Lending Instead of Another Corporate Bailout

Listening only to the mainstream media, one might believe there were no reasonable alternatives to the $700 Billion (now $810-850 Billion) bailout. Progressives and radicals (see URLs below) have presented reasonable alternatives that would not increase the pace of class inequality in the US. These alternatives would include relief for the working class, accountability for corporate executives, and transparency in business transactions.

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