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Money for Wall Street Means No Money for Main Street

Just in case you think that what happens on Wall Street stays on Wall Street, Barack Obama is already breaking the news. Bailing out irresponsible CEOs who have pocketed billions in bonuses over the last eight years, is going to mean making do without the things that the nation needs.

"Democrat Barack Obama said Tuesday the deepening American financial crisis and prospect of a massive government bailout meant he likely would have to delay expansive spending programs outlined during his campaign for the White House.

"In an interview with NBC television, Obama said he would have to study what happens to the United States' tax revenues before making decisions on budgeting for his promised initiatives on national health care, education, energy and other concerns."

Expanded health care? Sorry, that's going to help Goldman Sachs. Education improvements? Call Bank of America. Getting out of our problems with oil? We'll get back to you on that when Morgan Stanley says they have what they need.

Someone might want to point out that when John McCain and the cult of deregulation handed Wall Street everything they wanted, the last thing they were doing was putting their country first.

Reported by Daily Kos.

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