Banks, Autos, and Korean Trade: A Tale of Two Bailout Paybacks

By: Monday December 13, 2010 4:05 pm

KORUS as a whole will contribute to the increasing financialization of our economy at the expense of our manufacturing base. Yet oddly, by leveraging payback for its various bailouts differently, the Administration has elicited cries of support from both the finance and the manufacturing industry.

Or maybe it’s just that unlike the UAW, the banksters have found a way to roll Obama over and over.

 

With $900 Billion in Tax Cuts, Many Working Americans Will Still See Taxes Rise

By: Monday December 13, 2010 9:01 am

I know most Americans don’t pay attention to the day-to-day political fighting in Washington, but I suspect many voters will have heard that Obama reached a deal with Republicans on a hugely expensive tax cut deal. When roughly a third of voters actually see their taxes go up, even slightly, I imagine they will not be happy with Obama. Once again, Washington will pass a massive piece of legislation, like TARP or health care reform, and they will not see any benefits.

SUPPORT FIREDOGLAKE
Follow Firedoglake
TODAY’S TOP POSTS
CSM Ads advertisement
Advertisement