When Bear Stears was sinking, the Fed threw them a $30 billion lifeline — one we’re expected to pay for. When NOLA was sinking, Bush spared them 10.5. Tells you where the priorities lie, huh?Discuss.
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When Bear Stears was sinking, the Fed threw them a $30 billion lifeline — one we’re expected to pay for. When NOLA was sinking, Bush spared them 10.5. Tells you where the priorities lie, huh?Discuss.
3 comments:
the folks of NOLA dont belong to the Houston country club set
But Sorghum, the executives at Bear Stearns were going to lose a lot of money. In New Orleans it was just poor people losing their lives. Priorities.
Bear Stearns is only the first. This ain't over yet.
Of course, given global warming we're not done with flooded/ravaged cities either.
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