Why am I not surprised. The following article is from Sweden's English language daily, The Local. It explains how the Bush Adminstration's bail out plan is based on the Swedish model from the early 1990's, but with one serious flaw - that We, The People not only get to pay for this bail-out, but that we have no way of recouping our losses, and ultimately, once again, get to line the pockets of the wealthiest among us. One more way in which this administration does not seem to care that "We The People" are more than just the multi-millionaires who support (financially) them. Swedish model inspires US financial crisis plan Published: 22 Sep 08 17:59 CET Online: http://www.thelocal.se/14496/20080922/ The Bush administration's handling of the financial crisis is in part inspired by a successful Swedish bank rescue in the 1990s, but one crucial deviation could cost US taxpayers dearly, one of the architects of the Swedish plan said on Monday. US learns lessons from...
Just the random shit that drives me crazy from time to time...