Nader Blasts Corporate Bailout, Warns of Taxpayer Revolt
Ralph Nader discusses Congress’ corporate bailout from fogcityjournal on Vimeo.
By Luke Thomas
October 1, 2008
Independent candidate for vice president Ralph Nader yesterday blasted the Bush administration and members of Congress for supporting a “corporate bailout of Wall Street.”
“If the US Government is going to bail out anybody,” Nader said during a press conference held outside the San Francisco Federal Reserve building, it “should bail out prudent savers and investors, not speculators and corporate criminals.”
Nader called the Bush presidency, “the most criminally recidivist presidency in American history,” and warned taxpayer anger could lead to civil unrest.
“Socialist Superman is sweeping down on New York City from Washington D.C. to bailout the giant casino capitalists on Wall Street,” Nader said. “How much more can the American taxpayer endure before the American taxpayer revolts and takes over the Government of the United States?”
Email This Article
Print This Article
One Response to “Nader Blasts Corporate Bailout, Warns of Taxpayer Revolt”
Leave a Reply
You must be logged in to post a comment.
- Judge Denies Mirkarimi Request to Lift Stay Away Order, Expedites Hearing
- Park Police Raid OccupyDC, Dismantle Tents of Dreams
- Occupy DC: A Warm Place for Protest <br>in the Heart of Wintertime Washington
- Doomsday Clock: Five Minutes to Midnight
- Collection Agency Picked On the Wrong Lou Correa
- Group Seeks Condo Lottery Bypass, <br>Raise Funds for Affordable Housing
- Bill Would End Journalist Lockout at State Prisons
- Michael Goldstein Remembered
- Herrera Files Lawsuits Against Tenderloin Markets <br>for Alleged Facilitation of Drugs Trafficking
- Violent Clashes with Police <br>Mar Occupy Oakland Move-In Day
- San Francisco Legitimizes Urban Farming
- Remembering Vietnam
- Judge Refuses Change to Mirkarimi Stay Away Order, Prosecutor Reveals Lopez Messages
- Sheriff Mirkarimi's Trial Date Set, <br>Attorney Says Case "Overblown", <br>Second Woman Files Complaint
- Hundreds Celebrate Life of Labor Leader Walter Johnson
- Occupy West Protesters Decry Bank Foreclosures, Corporate Personhood
- Occupy Wall Street West Ends Hibernation <br>in Quest to Right America
- Mirkarimi Pleads Not Guilty, <br>Court Extends Protective Order
- Campos Draws Broad-Based Support for Re-Election Bid
- Labor Council Honors Martin Luther King, <br>Celebrates Poor People's Campaign
I’m supporting Chuck Baldwin for President, but if the choices were Obama, McCain, and Nader, I would choose Nader hands down.
I have a great deal of respect for Nader, of which I don’t have any for either of the two major party candidates, and Nader’s opposition to the bailout raises my respect for him several notches higher.
The bailout is a travesty and the current <a href=”http://economicspolitics.blogspot.com/2008/10/does-senate-bailout-plan-violate.html”Senate plan is unconstitutional.