The government is pumping $20 billion into Citigroup and is guaranteeing $300 billion in junk loans. That plan and the decision to implement it were apparently made within 48 hours.
Up to $326 billion for Citibank. AIG has received about $150 billion so far.
But fuck Detroit. Fuck the workers, save the rich. It's about what I expect from a government run by Republicans.
January 20th can not come soon enough.
Monday, November 24, 2008
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