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Bailout Billionaires, Kill the Middle Class

by Tula Connell, Dec 23, 2008

We know how the bridge loan to automakers is being spent because the Bush administration made sure they only got aid after agreeing to tough stipulations.

So that accounts for $14.5 billion of our taxpayer money. But what about the rest of the $335.5 billion that went to Wall Street financial firms? 

On “Morning Joe,” Joe Scarborough pointed out today that we do know how Wall Street spent $1.6 billion:  on chauffeurs, company jets, home security, country club memberships and stock options.

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