Biden on the Bailouts: 'Socialism for the Rich, and Capitalism for the poor'

By Sheldon Good
Nov 18, 2009
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091118-biden-daily-showJoe Biden admitted last night on The Daily Show that the billions of dollars we've spent on big bank bailouts is "socialism for the rich, and capitalism for the poor." No kidding. There's been much consternation related to the bailout of Wall Street. And even though ...

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An image of the November 2026 issue of Sojourners, titled "Face to Face." It features George Lakey on the cover
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