From Associated Press
December 01, 2008 8:13 PM EST damn, he's alive while the buck's dead.
de crap-o-century!
Paulson and Bernanke Spread the Wealth Around
by: Dean Baker, t r u t h o u t | Perspective
Wealth is spreading right now as a result of the bailouts and most of it seems to be going upward. (Photo: Getty Creative)
During the campaign, Barack Obama provoked a media flurry and right-wing outrage over his comment to Joe the Plumber about "spreading the wealth around." They told us that this view was contrary to the American Way, that this was socialism.Given all the concern over Obama's ideas about spreading the wealth, it is remarkable how little attention is being given to Treasury Secretary Henry Paulson and Federal Reserve Board Chairman Ben Bernanke's much more ambitious effort to spread the wealth. They are putting in practice measures that swamp any plans put forward by Obama in the presidential campaign; yet, this massive government redistribution of wealth is drawing almost no attention whatsoever.
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