Senator Richard Shelby: Father of the 21st Century Great Depression

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Tuesday November 18, 2008 · 7:46 AM PST

2008/11/18 · 07:46

http://www.bilerico.com/...

The auto industry bailout was the topic du jour on all the sunday talk shows this weekend, and the hypocrisy of those conversations is something I can simply not let go unanswered.

shelbyofficialphotocolor250.jpgTo be clear, I believe the first Wall Street bailout was a complete one over on the American people and another corporate welfare giveaway to Wall Street. If the bailout would actually work I would have had no problem with it. But as I've learned at Pride At Work , rarely can you solve a problem by simply throwing money at it.

This bailout does nothing to solve the problems that have gotten us to this place; the extinction of financial regulation and oversight, the incredible disadvantage American companies have providing health care, as most industrial nations provide health care through the government, and finally, income inequality levels not seen in this country since before the last great depression.

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Will Bankrupting the Big 3 Send The Country Into A Depression?

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Will Bankrupting the Big 3 Send The Country Into A Depression?

Yes

46 votes

12 votes

Don't Know

9 votes

Aren't We Already In A Great Depression?

20 votes

Show Some Pride In The Sky

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Wednesday May 07, 2008 · 8:04 PM PDT

2008/05/07 · 20:04

Recently, thousands of Flight Attendants of Aloha and ATA airlines have been laid off, due to their respective companies going out of business. As any working person can contend, this is a terrible time to be unemployed. Covered by contracts negotiated by the Association of Flight Attendants, these flight attendants leave stable wages, health care benefits, and a path to retirement behind for the unemployment line.

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