Tuesday, December 16, 2008

More Proof That Bush Paulson Panic Was An Act.

The Washington Post reports that the limits placed on executive compensation in the $700 billion financial bailout package are meaningless due to a last-minute loophole President Bush inserted into the legislation.

How can we let them get away with demanding auto workers accept lower wages and less benefits as part of their industry bailout? A bailout that is a small fraction of what the banks received. Meanwhile, the Fed refuses to disclose the recipients of more than $2 trillion.

I wonder how long they rehearsed the panic-stricken rush to rescue the economy through the Wall Street bailout?

2 comments:

Fed up with all the liberals on the web.,  14:53  

That doesn't prove anything of the sort. You have a tendency to ramble on without knowing anything about the financial industry and how it works.

Anonymous,  13:12  

Oh my goodness! Awesome article dude! Thanks,
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