Become a digitalPLUS subscriber. 99 for 4 weeks.

Topics

$700 Billion Bank Bailout (2008)
A fairer (small) business environment [Commentary]
A fairer (small) business environment [Commentary]

Is there a way to actually unite economic populists on the liberal left and libertarian right? Maybe not. But one promising possibility is the prioritization of American small businesses over powerful, multinational corporate dominance. The events of September 29, 2008, certainly provided a brief glimmer of hope that a hybrid ideological alliance might push back against big business. That day, the U.S. House of Representatives stunned Washington and Wall Street by rejecting the Bush Administration's $700 billion bank bailout, 228 to 205. The Dow Jones Industrial index fell 778 points in a single afternoon, a 7 percent drop. Sixty-five Democrats joined 133 Republicans to rebuke...

Loading