Nearly 100 bailed-out banks may collapse all the same

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The $700-billion bank bailout, launched in the final months of the Bush administration, was meant to save US financial institutions from a systemic collapse.

But an analysis of banks' earnings statements concludes that nearly 100 bailed-out banks are at risk of collapsing all the same.

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Truthout Interview With Ralph Nader: "Only the Rich Can Save Us"

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Ralph Nader will always be remembered by his critics as the man whose bid for the White House in 2000 gave us eight years of George W. Bush.

The disdain many liberals have for Nader still runs deep nearly a decade later.

But there's no denying the positive impact his activism has had on this country over the past half-century.

Without Ralph Nader there wouldn't be an Environmental Protection Agency, an Occupational Safety and Health Administration, a Consumer Product Safety Commission, a Safe Drinking Water Act and so on.

Recently, I sat down with Nader to discuss his latest doorstopper of a book, "Only the Super-Rich Can Save Us" a fictional account involving real-life public figures, including Warren Buffet, Ted Turner, Yoko Ono and Phil Donahue, who set off to start a progressive revolution using their enormous wealth.

Although fictional, Nader does not refer to this highly readable tome as a novel. Rather, he describes it as a "practical utopia."

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