Why Corporations Keep Getting Washington's Bailout Billions
September 25, 2008Economy
Recently, the Bush administration proposed what could be the largest government bailout of private industry in the history of the United States. The architects of the proposal are Secretary Henry M. Paulson Jr. and Federal Reserve Chairman Ben S. Bernanke. American News Project caught up with Charlie Cray, Director and Policy Analyst at the Center for Corporate Policy, who spoke about the philosophical underpinnings of the current economic meltdown and his predictions for the future.