Tuesday, February 23, 2010

Well - who would believe it?

Bailouts for banks - fare hikes for us.

...And that’s the key. Instead of funding services for working people, provincial and federal governments have chosen to use taxpayer money to bail out big industries and banks. The auto industry got $4-billion loans so that they would not collapse—but the loans did not include provisions for preserving jobs. A $12-billion fund was created to encourage car sales—inefficient, polluting cars that few people want to buy...Noaman Ali BasicsNews

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