Understanding the Wall Street Bailout

I just read the Amy Goodman interview with Naomi Klein, and I'm shocked and sick, and frankly, not surprised by the content of this expose! Take a good look at the way the US Treasury has been looted and partially privatized by the few, very wealthy folk (mostly male-run companies) that want to dominate the global financial markets.

Why is this important? Because this bailout has only furthered the instability of communities in need and in crisis and marginalizes the communities that need support in infrastructure, education, transportation, shelters, crisis lines, good jobs and energy independence. With this bailout and the loss of hundreds of billions of dollars of tax revenue, it is unclear how it will affect the next cycle of funding for organizations like PWCL.

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