You're asking the wrong guy, since my knowledge of the bailout is near zero, but I would imagine the argument is that the bailout will forstall further economic turmoil and/or collapse, which would increase poverty.
--- On Tue, 10/7/08, Dmytri Kleiner <dk at telekommunisten.net> wrote:
>
> I don't see how, since the ones that pocket it are not
> the ones that were
> likely to face poverty and homelessness.
>
> In what way do you see the public taking over
> white-elephant assets from
> the private sector will limit the rise of homelessness and
> poverty?
>
>