
Citigroup grovels and begs, then receives $20,000,000,000 from taxpayers. No congressional hearings, no CEO frog march to Washington, little to no oversight, and virtually no Republican outrage.
Yep, free market capitalism at it's best.
And it's just the tip of the $700 billion dollar iceberg for the banking industry.
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Date: 2008-12-12 01:34 am (UTC)From:I'm not pleased with the big 3 - few people are. But they are an important part of our economy and they have an opportunity to change and become innovators again. I believe they will do this with union workers - but I also believe UAW needs to sit down at the table and be willing to make some amends. That doesn't mean they should accept union-busting conservative columnists cries to work for toyota wages & benefits, but there is room for bargaining. A
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Date: 2008-12-12 02:11 am (UTC)From:no subject
Date: 2008-12-12 02:15 am (UTC)From:no subject
Date: 2008-12-12 04:37 am (UTC)From: