SocraticGadfly: Obama ready to open Treasury corporate hog trough

October 26, 2008

Obama ready to open Treasury corporate hog trough

Between the $700 bil finance-sector bailout and the $25 bil (and counting) in gimme loans to the former Big Three, many other economic sectors ardently hope to get a cut of the first $250 bil of bailout money, or new bailout-type programs.

And, in what is either his most blatant Rust Belt pandering yet, or a worrisome sign of financial giveaways to pound more sand down a rathole, Obama’s campaign office said Friday he supports the formerly Big Three getting a cut of the first $250 bil of bailout money in addition to the $25 bil in gimme guaranteed loans.

It’s still not too late to vote Green instead of rewarding these anti-environmentalist dinosaurs.

Or a campaign that’s looking more Bill Clinton-like on economic policy all the time.

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