via cursor.org: The U.S. Senate passed an $810 billion bailout bill, that “does little to avert the defaults and foreclosures that are pushing house values ever downward,” and barely addresses the “underlying problem of bad debt.”

While the bill was loaded with “obscure” tax breaks, including one described as ‘an Alaska-friendly earmark,’ the Senate rejected a ‘millionaire tax amendment‘ by Sen. Bernie Sanders, on an anonymous voice vote.

While it’s noted “how quickly the nation’s news services have adopted the interventionists’ packaging of ‘rescue’ over ‘bailout…’”

Let’s call it what it is: It’s a Handout. Not a “rescue, not a bailout.

It’s a handout to the banks, corporations, CEOs, and the top 1%.

The rest of us foot the bill.