Thoughts on the bailout from the radical left...

[Total_Blender]

No, that would be a workers comp issue, you would not be laible for a penny.
.

I don't think workers comp covers part time workers, interns, or volunteers does it? I was always told when I had part time jobs that I'd be ineligible for WC if I had an accident.

The point of the article I posted is that the far Left is just as furious at the administration as the right. The money spent on the megabanks could have gone into much more stimulative areas, like education, health care, and infrastructure that would make the US more competitive in the global economy. The "socialism" is not going to the people... its going to the capitalist interests like banking and finance.

Granted, there are plenty of those programs in the stimulus. But these articles are critical of bailing out the banks in a time when people are un-likely to borrow. Its not because of a lack of access to credit that people aren't buying houses or cars, its because they are not willing to spend when they are in danger of losing their jobs.

Likewise, businesses are not needing credit for expansion right now, if anything most are looking to shrink.

Here's another good atricle:

http://www.counterpunch.org/lindorff03062009.html

[BanginJimmy]

I don't think workers comp covers part time workers, interns, or volunteers does it? I was always told when I had part time jobs that I'd be ineligible for WC if I had an accident.

Not sure about volunteer, but EVERY employee is eligible for workers comp.

The point of the article I posted is that the far Left is just as furious at the administration as the right. The money spent on the megabanks could have gone into much more stimulative areas, like education, health care, and infrastructure that would make the US more competitive in the global economy. The "socialism" is not going to the people... its going to the capitalist interests like banking and finance.

Granted, there are plenty of those programs in the stimulus. But these articles are critical of bailing out the banks in a time when people are un-likely to borrow. Its not because of a lack of access to credit that people aren't buying houses or cars, its because they are not willing to spend when they are in danger of losing their jobs.

Likewise, businesses are not needing credit for expansion right now, if anything most are looking to shrink.

Here's another good atricle:

http://www.counterpunch.org/lindorff03062009.html

And I do agree. There is VERY little support for these bailouts from anyone that does not stand to profit greatly.

There never was much of a credit crisis, credit just got harder to get, just like it should be. I know that I do not support any form of bailout, whether they work in this situation or not I still do not agree with them.