Taxpayer Bailouts

By: Shane Vander Hart (Diary)  |  September 19th at 01:14 PM  | 

Justin Taylor intervied David Kotter regarding our current banking crisis. With the Fannie/Freddie takeover, the $85 Billion bailout of AIG, and then this [huge bailout being discussed today that could cost up to a TRILLION dollars] (http://www.politico.com/news/stories/0908/13602.html). Kotter put the taxpayer cost into perspective (pre-Paulson plan): Last night the federal government committed to lend $85 billion to the insurer American International Group (AIG), on top | Read More »