Last night, Thursday Oct 2, 2008, Naomi Klein appeared on the Colbert Report to talk about how the Bush administration uses times of crisis to capitalize on specific agendas. One good example is during hurricane Katrina, republican law makers used the destruction of most of the city’s public housing to force poor and low income families into houses that they could not afford.

The Republicans’ friends’ speculative pricing was of course over-inflated and they knew that they would get their money, whether the families were forced to foreclose or not. One of the many preventable reasons was in this current economic crisis.

The current $800 billion dollar bailout is another example of our government taking advantage of a crises. Yes, it’s gone up to $800 billion now. Naomi explains the details in her appearance on the Colbert Report how this current economic and financial crisis on Wall Street is being used against us.

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