Help us out by throwing some cash in the bucket:
Click here to read Hightower's personal message about
REAL CHANGE
(not small change)
Help us out by throwing some cash in the bucket:
Click here to read Hightower's personal message about
REAL CHANGE
(not small change)
Also in this issue:
Their names probably won't mean mean anything to you, but these people ought to have some modicum of personal recognition: Jason Anderson, Aaron Dale "Bubba" Burkeen, Donald Clark, Stephen Curtis, Gordon Jones, Roy Wyatt Kemp, Karl Kleppinger, Blair Manuel, Dewey Revette, Shane Roshto, and Adam Weise. These are the 11 workers who were killed when the Deepwater Horizon oil rig exploded and sank into the Gulf of Mexico on April 20.
Sign up for email alerts, from breaking news to weekly commentary:
Find more content in these topics: Corporate greed, Money, Political corruption, Republicans, Wealth
Visit Hightower's General Store, to buy high-power Hightower books and other goodies like that.
Home | Contact | RSS | Privacy policy | Copyright Public Intelligence, Inc., all rights reserved 1999-2010
The bailout bonanza
The Bushites' trillion-dollar giveaway started out as a bailout for banks with big holdings of investment schemes based on home mortgages. Then lobbyists got "any other financial instrument" included. Then foreign-based banks, including Swiss-based UBS (whose chief lobbyist, former Senator Phil Gramm, is longtime economic advisor to John McCain), muscled into the party, looking for a handout to cover $20-billion worth of bad paper it bought.
Now Wall Streeters are lining up for more than a billion dollars in fees for "managing" the bailout. Yes, some of the very outfits that caused this mess plan to cash in on the cleanup!
So far the tab is well over $2,333 for every man, woman, and child in our land.
In the next Lowdown, we'll unravel this along with other Greatest Hits of the Bush Empire.