Rep. Dennis Kucinich (D) Ohio, who is Chairman of House Subcommittee on Domestic Policy, was interviewed on CNN he talked about Treasury Secretary Henry Paulson’s change in what he wants to do with the $700 billion bailout money.
“There was a bait and switch here”, Kucinich says. “We were told this was going to help people stay in their homes, now I had skepticism about it, I voted against it, but members who voted for the troubled asset relief program, voted for the $700 Billion, they were expecting something would be done to help people stay in their homes. Well that’s not true. Now you got money for bank consolidation, money for parties and for bonuses. What’s going on in America?”
Kucinich goes on to say “There is a game going on here. It’s almost like a level of racketeering on a scale that we have never seen in the history of this country.”
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