I know that Democrats have used tax payer money for bailouts for the Wealthy/Rich my

[tradeunionsupporter]

I know that Democrats have used tax payer money for bailouts for the Wealthy/Rich my question is is this the first time that the Dems have done this ?

[Revolution starts with U]

No. There's a long history of both "sides" of the aisle bailing out and funding corporations. Every time a war plane is made, a company gets bailed out in its' failure to sell war planes on an free market.

[Dean]

Yes, and bailouts date as far back as Hoover's National Credit Corporation, which was an attempt to bailout major banks during - guess what - the early stages of the great depression (1932). It failed to accomplish much.

If that wasn't enough, FDR's legislation enacting the NRA was written by a National City Bank board member. National City Bank was a precursor to Citicorp, the umbrella firm which owns Citibank etc. (more here (http://thethinred.blogspot.com/2011/04/glass-steagall-dead-for-2-decades-and.html)) I haven't looked into the NRA's function in the financial sector, but there is no doubt that it served as a bailout to some extent, as well.

Also - can you make your titles make more sense? Simply copying whatever will fit from a single-sentence post isn't good enough.