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Ex-Asst. Treasury Sec. Paul Craig Roberts on Wall St. Bailout: "Has Deregulation Sired Fascism?"

Ex-Asst. Treasury Sec. Paul Craig Roberts on Wall St. Bailout: "Has Deregulation Sired Fascism?"

As the Bush administration announces a $250 billion plan to partially nationalize the nation’s banking system, we speak to Paul Craig Roberts, former Assistant Secretary of the Treasury Department in the Reagan administration and a former associate editor of the Wall Street Journal. Roberts says the latest bank measure suggests the bailout is “either incompetence or fraud.” [includes rush transcript]

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