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While the mainstream media focuses on if his wife should have "stood by her man" at the press briefing, rambles on incessintly about how much the hooker charged, and shows the hooker pictures and look into her life ...meanwhile...
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The $200 billion bail-out for predator banks and Spitzer charges are intimately linkedBy Greg Palast
March 14th, 2008
While New York Governor Eliot Spitzer was paying an ‘escort’ $4,300 in a hotel room in Washington, just down the road, George Bush’s new Federal Reserve Board Chairman, Ben Bernanke, was secretly handing over $200 billion in a tryst with mortgage bank industry speculators.
Both acts were wanton, wicked and lewd. But there’s a BIG difference. The Governor was using his own checkbook. Bush’s man Bernanke was using ours.
This week, Bernanke’s Fed, for the first time in its history, loaned a selected coterie of banks one-fifth of a trillion dollars to guarantee these banks’ mortgage-backed junk bonds. The deluge of public loot was an eye-popping windfall to the very banking predators who have brought two million families to the brink of foreclosure.
Up until Wednesday, there was one single, lonely politician who stood in the way of this creepy little assignation at the bankers’ bordello: Eliot Spitzer.
MORE:
http://www.gregpalast.com/elliot-spitzer-g... ---
