Shame on corporate America, President Obama said Thursday. At a time when he’s struggling to find solutions for an economy that’s in the deepest recession in recent memory, Wall Street workers were paid an astounding $18.4 billion in bonuses last year. “It is shameful,” Obama said from the Oval Office. “And part of what we’re going to need is for the folks on Wall Street who are asking for help to show some restraint, and show some discipline, and show some sense of responsibility.”  Read the rest here.

Black lawmakers split on bailout. Black lawmakers found themselves evenly divided over the $700 billion rescue package, which was defeated Monday.  The bill’s failure sent shock waves from Washington to Wall Street.  The stock market dropped an alarming 700 points by its close on Monday. Get more at Pamela on Politics.

$700 Billion BS? If the government is so broke, where is the $700 billion bailout money coming from?

http://blogs.bet.com/news/youthvote/700-billion-dollar-bs/