Published on OurFuture.org (http://www.ourfuture.org)
Main Street Bails Out Wall Street!?
By Ian Mishalove
Created 04/02/2008 - 10:10pm

Commentary Source: 
http://marketplace.publicradio.org/display/web/2008/04/02/bailout_and_taxes/ [1]
Byline: 
Robert Reich
Summary: 

Why on earth should taxpayers spend billions of dollars to backstop the Wall Street hoi polloi without demanding laws that require Wall Street to insure itself against risky financial gambles? As Reich notes, "We want a tax system that rewards risk taking. But not any risks -- and not one where it's heads they win and tails we lose."

Why on earth should taxpayers spend billions of dollars to backstop the Wall Street hoi polloi without demanding laws that require Wall Street to insure itself against risky financial gambles? As Reich notes, "We want a tax system that rewards risk taking. But not any risks -- and not one where it's heads they win and tails we lose."

Campaign For America's Future

1825 K Street, NW, Suite 400, Washington, DC 20006
202-955-5665 (tel) | 202-955-5606 (fax) | www.ourfuture.org

home | donate | search | contact us | your privacy

Links:
[1] http://marketplace.publicradio.org/display/web/2008/04/02/bailout_and_taxes/