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September 23, 2008
Sen. Schumer on the Bailout. Schumer on Atlantic Yards.
Develop Don't Destroy Brooklyn
Senator Charles Schumer gives his considered opinion on the proposed $700 billion Wall Street bailout:
“We need to put the taxpayers first, ahead of bondholders, shareholders, executives,” said Sen. Charles Schumer (D-N.Y.), chairman of the Joint Economic Committee. “You need transparency. You need oversight to make sure this huge amount of money is spent without favoritism, in a fair way, and that people see what's going on as it happens.”
But for Atlantic Yards:
Atlantic Yards deal, which Senator Schumer supports unconditionally:
Taxpayers first? No
Transparency? No.
Oversight? No.
Favoritism? Yes.
Fair? No.
People see what's going on as it happens? No.
Posted by steve at September 23, 2008 6:08 AM