Mitt Romney's campaign held a fundraiser last week in New York at the law firm office of Weil, Gotshal, & Manges, which got wealthy off of fees from GM to represent it in bankruptcy. Even though Romney opposed the bailout of GM and Chrysler to save the auto industry, he could not pass up an opportunity to get his hands on more money for his campaign. This lust for money can best be described as a type of personal profiteering that is more ruthless than the business practices of Wall Street Banks, since they invested nothing to bail out the auto industry.
http://thinkprogress.org/economy/2012/02/16/427288/romney-fundraises-office-gm-bankruptcy/
The Occupy Wall Street Protests that started in September 2011 & and then spread across the nation have highlighted ongoing problems of massive unemployment & income inequality in the U.S. Elected officials, various members of the news media, & even a few of my own friends have mocked this movement. I believe that it is possible to find a different story for every day of the year that answers "Why They Occupy".
Showing posts with label GM. Show all posts
Showing posts with label GM. Show all posts
Thursday, February 23, 2012
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