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Everything you need to know about the bailouts

Originally posted 2009-03-22 20:41:56 -0500. Bumped by carol.

in 2 short paragraphs. A relatively long post for Atrios. Wheeeeeeeeeeeeee!

What's The Goal?

Others have made this point in various ways, but if the goal is to bail out the banksters and keep the existing too big to fail financial order in place with the same cast of characters in charge, then all of this sounds like a cunning plan.

If the goal was really to get banks lending again they'd be funneling large sums of money to healthy (mostly smaller) financial institutions who actually made sensible choices over the last few years.

Meanwhile a fire sale is going on:

Whistleblowers converge on Washington, D.C.

Promoted -- GH

This week, May 12-16, the International Assembly of Whistleblowers will hold a conference in Washington, D.C. to publicly describe the challenges they faced in bringing to light corruption and abuses of power by the federal government, its contractors and the medical community.

The event is free, and the public is welcome to attend. (If you register for the event here, disregard the request for a registration fee, which is in error.) The schedule of events (including times and locations) is available on the IAW website. Below, I have summarized the schedule and added details not available on the website.