Tuesday, February 14, 2012

Nader on the US Corporate Bailouts

In this video, Nader makes some interesting points about the Bush and Obama billion dollar corporate bailouts in 2008. Nader questions why there weren't public hearings on such an enormous bailout, and why financial institutions based on speculation and capitalism for example aren't accountable for their own errors rather than the American tax payers? Is there any bailout of the millions of Americans who have lost their homes over five years? Is their disconnect between the US political establishment and the American people?

 

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Thank you for sharing your perspective.