AltWeeklies Wire
Dean Baker: No Blank Check for Wall Streetnew
Done properly, Baker says, the $700 billion "bailout" of Wall Street and the big banks shouldn’t cost the taxpayers a dime. "My view," the progressive economist told the Indy following a speech in Raleigh, "is that [the bailout] is necessary, but if it's structured right, we're not giving the banks anything. We're keeping the banks functioning, and that's in the public interest."
