By the People, For the People, Of the People

“U.S. House OK’s bailout bill” (The Daily Yomiuri, Sunday, October 05, 2008, p.1)
The article reports: “The bailout bill will empower the Treasury Department to purchase up to $700 billion of broken mortgage-backed securities that are choking world capital markets.”
Will anyone that is choked be saved? Obviously not. Only those who live along Wall Street are to be saved.
In the hope that “the benefits of deregulating finance would trickle down to all Americans” (Macdonald)? Suspiciously not. It is because “the choice was between the Democratic former CEO of Goldman Sachs and the Republican former CEO of Goldman Sachs: Robert Rubin or Hank Paulson.” (ibid.) Residents along Main Street have never been ‘people.’

Source:
Michael D. MacDonald: Government by Goldman Sachs,
(http://www.tri-cityherald.com/987/story/338745.html), Sunday, October 5, 2008