Rethink Leadership. Restore Integrity. Renew Hope.
Karen Hartley-Nagle's Position Paper on the Wall Street Bailout:
"I have always disagreed with Mike Castle on 'No Child Left Behind'.
Now there is an even bigger issue: No Banker Left Behind."
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As we move into the greatest financial disaster since the Great Depression, everyday Americans find themselves being held hostage by Wall Street gamblers with predictions about gloom and doom unless our taxes are used to bail out the Financial Services Industry. We are told that unless we rescue Wall Street by allowing them to make up their losses by 'doubling down' at the tables of casino capitalism our homes and futures will be lost. We did not get here overnight. For at least the last eight years, we have had a Congress that has gone along with deregulating the financial services industry so that the economy can grow and the benefits on Wall Street can trickle down to the rest of us. They have purchased the loyalty of legislators through PAC and individual contributions. All the while, we have been told that the economic benefits will trickle down. We now know what is trickling down. |
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Contact:
Karen Hartley-Nagle
Democratic Candidate for Congress
(302) 465-1365