Outsider in the White House, by Bernie Sanders: on Budget & Economy


Middle class spending $2,200 each to bail out Wall Street

We have a bailout package today which says to the middle class that you are being asked to place at risk $700 billion, which is $2,200 for every man, woman, and child in this country. You are being asked to do that in order to undo the damage caused by this excessive Wall Street greed. In other words, the "Masters of the Universe," those brilliant Wall Street insiders who have made more money than the average American can even dream of, have brought our financial system to the brink of collapse, and now, as the American and world financial systems teeter on the edge of a meltdown, these multimillionaires are demanding that the middle class, which has already suffered under Bush's disastrous economic policies, pick up the pieces they broke. That is wrong and that is something I will not support.
Source: Outsider in the White House, by Bernie Sanders, p.324 Oct 1, 2008

  • The above quotations are from Outsider in the White House
    by Bernie Sanders.
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