Saturday, September 27, 2008

Rosebud #365

National Protests Erupt Over Bailout Plan
By Haider Rizvi

NEW YORK, Sep 25 (IPS) - The George W. Bush administration's plan to spend hundreds of billions of dollars to rescue giant Wall Street firms from their current financial meltdown has unleashed a spontaneous wave of protests across the United States.

"Cash for trash," shouted activists who gathered near Wall Street to express their outrage at Bush's proposal to buy bad debts of financial institutions at the cost of 700 billion dollars of taxpayer money. MORE...
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