Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Thursday, October 18, 2012

Greg Palast: “Mitt Romney’s Bailout Bonanza: How He Made Millions From The Rescue of Detroit"

We turn now to a major new exposé on the cover of The Nation magazine called, "Mitt Romney’s Bailout Bonanza: How He Made Millions From The Rescue of Detroit." Investigative reporter Greg Palast reveals how Republican presidential nominee Mitt Romney made some $15 million on the auto bailout and that three of Romney’s top donors made more than $4 billion for their hedge funds from the bailout. Palast’s report is part of a film-in-progress called, "Romney’s Bailout Bonanza." Palast is the author of several books, including recently released New York Times best seller, "Billionaires & Ballot Bandits: How to Steal An Election in 9 Easy Steps."

Video
Source: Democracy Now!
Author: ---
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