The Huffington Post

by Walter Alarkon - 07/16/08 9:23 AM ET

While President Bush said Tuesday that the economy is growing, the Federal Reserve Chairman Ben Bernanke painted a gloomier picture, saying that the economy faces “numerous difficulties,” the front page of the Post notes. If conservatives have their way with the bailouts of Fannie Mae and Freddie Mac, private speculators and corporate executives will have their losses covered by the government and will be able to keep their multi-million dollar salaries, writes Robert Borosage, who calls the proposed measures “Wall Street Socialism.“

Tags