NaderOrgBlog #32 Rolling the Dice on Derivatives and other articles from Raph Nader

Published on: Tue, 14 Oct 2008 13:44:57 -0700

from http://www.nader.orgfor their workers, and more efficient cars to reduce reliance on foreign oil and reduce prices at the pump.Now the CEOs don't even have to leave Detroit and they get much more money for almost no return commitment to America, while they outsource jobs and pollute our environment.During discussion on a proposed loan bill to bailout Chrysler in October 1979, Senator William Proxmire (D-WI) who chaired the Senate Banking Committee issued his opposition to Chrysler's request and noted: "We let 7,000 companies fail last year -- we didn't bail them out. Now we are being told that if a company is big enough... we can't let it go under." He went on to call the proposed deal "a terrible precedent."Raising the government's demand for performance

Author: h4ck3rm1k3
Keywords: Ralph Nader President 2008
Added: October 14, 2008