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David Sirota: Maddow: Did America Get Punked On the Bailout? Yes...Now Here's What to Do.
Politics on HuffingtonPost.com — I appeared on Rachel Maddow's MSNBC show last night to discuss my latest newspaper column about the bailout. You can watch the clip here. Rachel's first question really is the question of our time: Did we get punked? As progressive bailout critics have been saying since the current Wall Street bailout was first proposed, the answer is yes. As the Minneapolis Federal Reserve reports, the major claims about a credit crisis that justified Congress cutting a trillion-dollar blank check to Wall Street were demonstrably false. And new data ...

Maddow: Did America Get Punked On the Bailout? Yes...Now Here's What to Do.
Open Left - Front Page — I appeared on Rachel Maddow's MSNBC show last night to discuss my latest newspaper column about the bailout. You can watch the clip here. Rachel's first question really is the question of our time: Did we get punked? As progressive bailout critics have been saying since the current Wall Street bailout was first proposed, the answer is yes. As the Minneapolis Federal Reserve reports, the major claims about a credit crisis that justified Congress cutting a trillion-dollar blank check to Wall Street were demonstrably false. And new data and reports ...

Bailout Caricatures
Open Left - Front Page — ... Now, of course, we know the results. Various studies have shown that those of us who raised progressive objections to the bailout have been proven right, and those who advocated it have been proven wrong. The fact that the same pre-bailout caricatures of proponents as Very Serious and opponents as Luddites now continue (and worse, continue to be pushed by progressive voices like Yglesias) is merely a commentary on the staying power of D.C.'s fact-free memes - nothing more, nothing less. ...

TAKE ACTION: Tell Congress to Pass Bankruptcy Reform NOW
Open Left - Front Page — Back in December, I published a newspaper column looking at a little-noticed Federal Reserve Bank report showing that the Bankruptcy Bill of 2005 is now causing 32,000 foreclosures every quarter. Well, now there's a move afoot on Capitol Hill to amend bankruptcy laws to finally help homeowners and reshape the fundamentally unfair dynamics afflicting the economy - and you can help make this key reform a reality. Here's the Dear Colleague letter I just got my hands on that is being circulated in the House: Dear Chairman Frank, Obey and Spratt: A ...