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	<title>Hartford IMC &#187; bailout</title>
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	<link>http://hartfordimc.org</link>
	<description>Hartford Independent Media Collective - your real alternative for news and views in central CT</description>
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		<title>&#8220;Trying to Live on 500K in New York&#8221;</title>
		<link>http://hartfordimc.org/2009/02/10/trying-to-live-on-500k-in-new-york/</link>
		<comments>http://hartfordimc.org/2009/02/10/trying-to-live-on-500k-in-new-york/#comments</comments>
		<pubDate>Tue, 10 Feb 2009 13:30:24 +0000</pubDate>
		<dc:creator>matt sargent</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Barack Obama]]></category>
		<category><![CDATA[corporations]]></category>
		<category><![CDATA[New York City]]></category>

		<guid isPermaLink="false">http://hartfordimc.org/?p=2238</guid>
		<description><![CDATA[(New York Times) &#8220;Five hundred thousand dollars — the amount President Obama wants to set as the top pay for banking executives whose firms accept government bailout money — seems like a lot, and it is a lot. To many people in many places, it is a princely sum to live on. But in the [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-thumbnail wp-image-2246" title="new_york_1" src="http://hartfordimc.org/wp-content/uploads/2009/02/new_york_1-70x70.jpg" alt="new_york_1" width="70" height="70" />(New York Times) &#8220;Five hundred thousand dollars — the amount <a title="More articles about Barack Obama." href="http://topics.nytimes.com/top/reference/timestopics/people/o/barack_obama/index.html?inline=nyt-per"><span style="color: #004276;">President Obama</span></a> wants to set as the top pay for banking executives whose firms accept government bailout money — seems like a lot, and it is a lot. To many people in many places, it is a princely sum to live on. But in the neighborhoods of New York City and its suburban enclaves where successful bankers live, half a million a year can go very fast.&#8221;<br />
More at the <a title="New York Times" href="http://www.nytimes.com/2009/02/08/fashion/08halfmill.html" target="_blank">New York Times</a> Fashion section.</p>
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		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>RadioActive &#8211; January 21, 2009 &#8211; People&#8217;s Bailout</title>
		<link>http://hartfordimc.org/2009/01/26/radioactive-january-21-2009-peoples-bailout/</link>
		<comments>http://hartfordimc.org/2009/01/26/radioactive-january-21-2009-peoples-bailout/#comments</comments>
		<pubDate>Mon, 26 Jan 2009 13:42:22 +0000</pubDate>
		<dc:creator>kevin</dc:creator>
				<category><![CDATA[RadioActive]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[Connecticut]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Hartford]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://hartfordimc.org/?p=2025</guid>
		<description><![CDATA[Interview with Peter Goselin and David Samuels about the People&#8217;s Bailout &#8211; a response to Governor Rell&#8217;s budget cuts. Click here to download the MP3]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-medium wp-image-1831" title="radioactive" src="http://hartfordimc.org/wp-content/uploads/2009/01/radioactive.jpg" alt="radioactive" width="450" height="199" /></p>
<p>Interview with Peter Goselin and David Samuels about the People&#8217;s Bailout &#8211; a response to Governor Rell&#8217;s budget cuts.</p>

<p><a href="http://hartfordimc.org/audio/RadioActive1-21-09.mp3">Click here to download the MP3</a></p>
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		<slash:comments>0</slash:comments>
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		<title>“While we’re bailing out business, we can’t be selling out children”</title>
		<link>http://hartfordimc.org/2008/12/06/%e2%80%9cwhile-we%e2%80%99re-bailing-out-business-we-can%e2%80%99t-be-selling-out-children%e2%80%9d/</link>
		<comments>http://hartfordimc.org/2008/12/06/%e2%80%9cwhile-we%e2%80%99re-bailing-out-business-we-can%e2%80%99t-be-selling-out-children%e2%80%9d/#comments</comments>
		<pubDate>Sat, 06 Dec 2008 14:06:23 +0000</pubDate>
		<dc:creator>Peter G</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[Connecticut]]></category>
		<category><![CDATA[education]]></category>

		<guid isPermaLink="false">http://hartfordimc.org/?p=1504</guid>
		<description><![CDATA[The caption is the response by Bridgeport Superintendent of Schools John Ramos to the announcement by the Connecticut State Department of Education endorsing $280 million in cuts in education funding for the next fiscal year. Ramos sums up what thousands of school administrators, teachers and concerned parents around the state must be thinking on reading [...]]]></description>
			<content:encoded><![CDATA[<p>The caption is the response by Bridgeport Superintendent of Schools John Ramos to the <a href="http://www.courant.com/news/local/hc-schoolaid1204.artdec04,0,6627329.story">announcement by the Connecticut State Department of Education</a> endorsing $280 million in cuts in education funding for the next fiscal year.  Ramos sums up what thousands of school administrators, teachers and concerned parents around the state must be thinking on reading of the proposed cuts.  [continued at <a href="http://twogoodhands.wordpress.com/2008/12/04/while-were-bailing-out-business-we-cant-be-selling-out-children/">Two Good Hands</a>]</p>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>2008 Bailout Larger than you Thought</title>
		<link>http://hartfordimc.org/2008/12/05/2008-bailout-larger-than-you-thought/</link>
		<comments>http://hartfordimc.org/2008/12/05/2008-bailout-larger-than-you-thought/#comments</comments>
		<pubDate>Fri, 05 Dec 2008 19:08:22 +0000</pubDate>
		<dc:creator>Andrew</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[deficit]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[wtf]]></category>

		<guid isPermaLink="false">http://hartfordimc.org/?p=1497</guid>
		<description><![CDATA[<]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.ritholtz.com/blog/wp-content/uploads/2008/12/bailout-pie.png"><img src="http://hartfordimc.org/wp-content/uploads/2008/12/bailout-pie.jpg" alt="Insanity, as represented by pie charts." title="bailout-pie" class="alignnone size-full wp-image-1498" /></a></p>
<p>Economist <a href="http://www.ritholtz.com/blog/about/">Barry Ritholtz</a> has calculated the combined cost of the massive Federal Bailouts this year, and arrived at a total $4.6 Trillion <em>so far.</em><br />
That makes the bailout more expensive than all these programs <strong>combined</strong> (in adjusted dollars):</p>
<ul>
<li>Marshall Plan</li>
<li> Louisiana Purchase</li>
<li> Race to the Moon</li>
<li> S&#038;L Crisis</li>
<li> Korean War</li>
<li> The New Deal</li>
<li> Invasion of Iraq</li>
<li> Vietnam War</li>
<li> NASA (all-time budget)</li>
</ul>
<p><a href="http://www.ritholtz.com/blog/2008/12/calculating-the-total-bailout-costs/">Mr. Ritholtz&#8217;s calculations</a> are available for download, and include a lot more than the $700 Billion TARP fund.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Michael Moore Backing Obama</title>
		<link>http://hartfordimc.org/2008/10/31/michael-moore-backing-obama/</link>
		<comments>http://hartfordimc.org/2008/10/31/michael-moore-backing-obama/#comments</comments>
		<pubDate>Fri, 31 Oct 2008 19:55:01 +0000</pubDate>
		<dc:creator>kevin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[2008]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[election]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[president]]></category>

		<guid isPermaLink="false">http://hartfordimc.org/?p=959</guid>
		<description><![CDATA[Democracy Now! interviews filmmaker and activist Michael Moore.  See why backs Obama, his views on the bailout and healthcare, and his &#8220;10 decrees&#8221; for a new White House.   Full story here.]]></description>
			<content:encoded><![CDATA[<p>Democracy Now! interviews filmmaker and activist Michael Moore.  See why backs Obama, his views on the bailout and healthcare, and his &#8220;10 decrees&#8221; for a new White House.   <a href="http://www.democracynow.org/2008/10/31/academy_award_winning_filmmaker_michael_moore" target="_blank">Full story here.</a></p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
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