23 December 2008

H.R. 1424 wall street bailout: where did the money go?

$350 billion dollars have been spent so far on the wall street bailout. this is more than what was spent on the marshall plan, more than the apollo moon program and nearly as much as was spent to build the nations interstate highway system and the banks wont tell what they are doing with the money. there is another $350 billion dollars waiting to be spent.

louisiana congressmen who voted for the wall street bailout (H.R. 1424) were: rodney alexander, charles boustany, jim mccrery and charlie melancon. louisiana senators katrina mary landrieu snellings and david vitter voted no.

elijah cummings the congressman interviewed for this ac360 piece also voted for the wall street bailout a/k/a emergency economic stabilization act of 2008.

see also the
2008 american financial collapse
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