NOW IS THE TIME
By Senator Bernie Sanders
(appeared today in The Huffington Post, The Hill, The Guardian, and on BuzzFlash.com)
These are frightening and unusual times. The world of finance and the overall economy are both in perilous condition. Almost every day a new crisis erupts. The stock market has plunged dramatically, and is more volatile, than at any time in memory. Loans between banks have dried up. Major financial houses have either failed or merged. Government bailout follows government bailout.
Just how deep the financial crisis is can be seen from this paradox: the Bush administration, the most wild and irresponsible defender of right-wing economic ideology and free markets in our nation's history, now has to muster one initiative after another to intervene in the financial markets. It is even in the process of nationalizing banks.
To read the rest of the column click here.
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Issue October 22, 2008 - 
