Taxpayers to Bailout Wall Street?
by TRNN

Danny Schechter: The bailout will preempt any new administration from following through on promises.

  

Following the collapse of some the biggest names on Wall Street, the Bush administration is asking congress to pass a 700 billion bail out package to take over bad debts from risky and careless investments. Legislators are divided and many commentators feel this is just another dubious effort to bend the rules further. The Real News Network spoke to journalist and media critique Danny Schechter.

 

 

Bio
Danny Schechter, "The News Dissector," is a former network TV producer, radio newscaster, and edits MediaChannel.org. He has written nine books on media themes. His latest, Squeezed: America As The Bubble Bursts was inspired by his latest film, In Debt We Trust: America Before The Bubble Bursts