A Nation Ill Served by Talk Radio
The massive profits Wall Street has made selling worthless securities have been privatized, but the risk has been socialized. To make matters worse, nobody understands that we have had to do this to save our personal lives, especially not the talk radio hosts that fifty million Americans listen to every day.
To hear them talk, the bailout was a terrible mistake, but they never say what would have happened without it. Instead, they spout rigid ideology that is totally indifferent to our welfare–that is to say, to the lives of their own listeners.
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