Look who's now in line at the US Treasury. . .

[TGregg]

Left Out of the Bailout: The Poor

As the roster of corporations and financial institutions in line for government bailouts seems to grow, some public-policy advocates in Washington are calling on policymakers to focus more efforts on the nation's poorest. The ranks of the destitute are growing quietly but alarmingly as much of the world focuses on troubles surrounding Wall Street. "Recent data show poverty is already rising quite substantially," says Robert Greenstein, executive director of the Center on Budget and Policy Priorities. "There is a strong potential for more hardship and destitution than we have seen in this country in a number of decades."

http://news.yahoo.com/s/time/20081125/us_time/08599186184300

Too bad the feds don't help out poor people. If we had welfare or medicaid or food stamps or unemployment insurance, that would help. If we had programs like that, they would automatically help more people as conditions worsened. But we don't. Oh wait, we do. Funny how that wasn't mentioned in the article.

 

[bxptone]

Quote from TGregg:

Left Out of the Bailout: The Poor

http://news.yahoo.com/s/time/20081125/us_time/08599186184300

Too bad the feds don't help out poor people. If we had welfare or medicaid or food stamps or unemployment insurance, that would help. If we had programs like that, they would automatically help more people as conditions worsened. But we don't. Oh wait, we do. Funny how that wasn't mentioned in the article.

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Yeah I know what a crock right? The fed is bailinig out those who made millions, that then took that money bought million dollar paintings, yachts, houses etc. Yeah let's forget about poor people who will take the money and buy things like FOOD, PAY RENT, EDUCATION.

Yeah, screw poor people, not like they work hard for $10/$12 an hour anyways right? As opposed to the people who are getting bailout money now that are getting paid what? 100/200/1000 an hour?? And those getting the bailout did real good in the first place right? How much money did they lose OF OTHER PEOPLES MONEY? Probably the money of the people working for $12/hr and put money into a 401k, LMFAOOO.