KUCINICH: MARKET FALLS AGAIN

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Jim O'Bryan
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KUCINICH: MARKET FALLS AGAIN

Post by Jim O'Bryan »

KUCINICH: MARKET FALLS AGAIN
Country Needs to Save Homes and Jobs
No More Bailouts

Washington D.C. (October 6, 2008) -- Congressman Dennis Kucinich, (D-OH), who is one of the leaders challenging the $700 billion bailout of Wall Street, said that in light of the continued decline of the stock market, the lack of meaningful protections for homeowners and the likely collapse of additional mortgage backed securities such as Alt-A loans, that Wall Street might seek additional bailout funds. 

“Think about it. Congress passed a $700 billion bailout and the market is continuing to plunge! At 3 p.m., the market was down close to 700 points. Already economists and the news media indicate that the $700 billion bailout passed on Friday is not enough,â€
Jim O'Bryan
Lakewood Resident

"The very act of observing disturbs the system."
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