
TV news soundbyte factoid of the day : Among 116 banks bailed out by you and me, $1.6 billion US dollars were paid to executives as bonuses. I am thinking this is the equivalent of paying a 100% tip to the waiter who spits in your soup, puts his hand up your wife's dress and dumps your food on the floor before shoving the bill in your nose and flipping your table over. Why did any of these assholes get one cent in bonus money ? They are still flying their corporate jets, having their wattles waxed and massaged at country clubs and rolling with the best health care you and I can buy yet nobody in Washington D.C. made them cough up a business plan or promise they'll behave and go to finance rehab earning good grades by March of 09. Nobody in Washington and I mean nobody seems to have any problem with the inequity of this handout. Yet the spectre of unionized working Americans on assembly lines having their livelihoods plucked from the fire by government loans sent Mitch McDouchebag, John Alchy Boehner et al screeching like PMS stricken sorority sisters during finals week. Even "I hate Mexicans" Lou Dobbs himself is onto this one, so much that he put his anti-immigration crusade on hold long enough to make the same point in more Dobbsean language. The idea that this bailout is anything other than the Bush swansong of looking out for billionaires while stomping on workers is pure Rovean ether. As an old time Lackawanna politician told me years ago politics is a game where you take care of your friends and stick it to your enemies and one is just as important as the other. So it would seem.





3 comments:
Boy of boy, did you just nail this one. Great Post! I may try to figure out a way to write a bit about this and link this post or steal this post and give you credit. I had not yet been able to think of the apt metaphor for the "bank bailout" but you sure have. Great job.
awww shucks, thanks !!! aren't they a piece of work though and none of them will disclose any of the tricks they're pulling with that money either.
One of the articles in today's paper was about the fact that none of the banks involved will tell how they are or are not spending the bailout money. I wonder, will this change on Jan. 20th?
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