Friday, January 16, 2009

No, No, No...

Did our government just, on the same day (yesterday), approve the next 350 billion dollar bank holiday grant, errr... I mean bailout-- and approve what they're calling a 20 billion dollar gratuity to Bank of America, but which on closer inspection seems to be more like 20 billion now and the promise of 55 billion more if the value goes south on a particularly steaming pile of toilet paper.... err, I mean mortgage debt they happen to own-- and did this all get done while Mr G. W. "I stole it all" Bush was telling the American people he did it all for them?

In the last year, our treasury has given, without conditions, nearly 2 trillion dollars in cash and promises to the largest, most rapacious, malfeasant, and dysfunctional corporations in the world.

Too big to fail should mean too big to exist in the first place. Think about it.

0 comments: