college students are getting fleeced. in 2009, college textbook sales are projected to rise 3.5% to more than $5 billion. tack on another 2.7 billion in used book sales and you are looking at some serious money. students have to pay whatever price the publisher charges for whatever product the publisher is going to sale. it s a textbook with a cd and work book packaged into it for $250. the students have to buy it. one of the reasons that we start the campaign is that students were really frustrated that they couldn t find used books. every few years publishers would come out with a new edition and all of the old books would become valueless. it s a tactic they use to get students to buy top dollar.
it is aaron task, a wall street correspondent. and i can t wrap my head around this. so the guy has absolutely no authority to do anything at all? right. releases this report, and then what? well, the idea, i think is to shame the bankers into doing the right thing the next time around. and if we ve learned anything is that the bankers have no shame. so it really is just it is a bit of a waste of time, unfortunately. and this is going to continue? yeah. now the banks for the most part have paid back the t.a.r.p. money they were given in 2008. so now they re back to doing their only private enterprises and they can do whatever they want with their money. there s absolutely no this is taxpayer money that was used. there s no way to recoup all this money? no, it s gone. the money is gone, the american taxpayer was fleeced. dylan ratigan talks about the banksters, this is banksterism on high. and it was done with the
michele bachmann on the gulf disaster says one key figure should say, quote, we re not going to be chumps and we re not going to be fleeced and they shouldn t be, they shouldn t have to be fleeced. the key figure she s talking about bp. she s defending bp! all the news and commentary now on countdown. i m going to travel every day of the week. good evening from new york. first, there was the speech, and then there were the actions which spoke louder than it did. our fifth story on the countdown, president obama today announcing a $20 billion escrow fund and a package of other concessions from bp and the oil giant shooting itself in the public relations foot again. even though bp s view of, quote, the small people, may not be quite as bad as it sounds, even though that may not matter either. mr. obama emerged from his meetings with bp executives today, about an hour s worth, with two long-sought agreements.
and finally tonight, while the people of the gulf coast are fighting for their economic survival, the republicans in congress are spending their time worrying about bp. congresswoman michele bachmann of minnesota says bp shouldn t let the people of the gulf coast make chumps of them. she told the washington post if i was the head of bp, i would let the signal get out there, we re not going to be chumps, and we re not going to be fleeced. there should have come to be fleed and make chumps to have to pay for the perpetual unemployment and all the rest. they ve got to be legitimate claims. that s even hard to follow. minority leader john bane ser also concerned that the gulf coast residents are going to file bogus lawsuits. bogus lawsuits to get their escomoney. he says an escrow fund should be used to help the victims of this disaster and not as a slush
college students are getting fleeced. in 2009, college textbook sales are projected to rise 3.5% to more than $5 billion. tack on another 2.7 billion in used book sales and you are looking at some serious money. students have to pay whatever price the publisher charges for whatever product the publisher is going to sale. it s a textbook with a cd and work book packaged into it for $250. the students have to buy it. one of the reasons that we start the campaign is that students were really frustrated that they couldn t find used books. every few years publishers would come out with a new edition and all of the old books would become valueless. it s a tactic they use to get students to buy top dollar. instead of paying top dollar, some students are taking their business online. there is chegg.com.