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Why not Ralph Nader's idea to solve the financial meltdown? [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
brentspeak Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-08-09 07:46 PM
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Why not Ralph Nader's idea to solve the financial meltdown?
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Nader's idea, according to Chris Hedges:



http://www.opednews.com/articles/Resist-or-Become-Serfs-by-Chris-Hedges-090406-703.html

The Obama administration, rather than chart a new course, is intent on re-inflating the bubble. The trillions of dollars of government funds being spent to sustain these corrupt corporations could have renovated our economy. We could have saved tens of millions of Americans from poverty. The government could have, as consumer activist Ralph Nader has pointed out, started 10 new banks with $35 billion each and a 10-to-1 leverage to open credit markets. Vast, unimaginable sums are being placed into these dirty corporate hands without oversight. And they will use this money as they always have--to enrich themselves at our expense.



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