September 26th, 2008
As Bush Admin Pushes $700B for Wall Street, Ralph Nader Asks, “Why Is There Need for a Bailout?”
As the Bush administration intensifies its pressure for Congress to quickly approve a $700 billion bailout of the financial industry, we get reaction from Independent presidential candidate and consumer advocate Ralph Nader. Nader calls Democratic claims of White House concessions wish fulfillment and says the bailout might not be needed in the first place.
Pt: 1 of 3
“Cash for Trash”: Unwanted “Junk” in Hand, Demonstrators Head to Wall Street to Protest Bailout
Among the more than 100 protests against the $700 bailout plan is a rally today on Wall Street. We speak to Arun Gupta, a reporter/editor at The Indypendent newspaper, whose email to friends and colleagues helped inspire the protest. Participants are planning on bringing their own personal, unwanted junk to illustrate what they call the federal bailout of Wall Streets worthless securities.