I don't write much about politics and when I do I keep it pretty even. I'm an independent and right now I am very glad that I am not a Republican or a Democrat.
Can you believe they actually passed that horrendous "bailout bill"? I'm sure all those poor suffering bank executives who made dumb investment decisions are breathing huge sighs of relief now that their buddy Hank Paulson (Treasury Secretary and the former boss of Goldman Sachs) has gotten $700 billion dollars out of the taxpayer and will soon be passing it on to them so they can temporarily prop up their ailing banks and investment companies.
It seems cronyism is not confined to people in government who used to work in the oil industry, it also extends to the financial sector.
What is even more of a wonder is that the majority of those voting for this piece of lunacy were Democrats. I could have sworn they were the ones who say they are against corporate welfare and that they are working for the poorer members of our society. Strange that they would vote for a bill that will put billions into the pockets of people with billions already in their pockets. Go figure.
Some of the truth about this monstrosity of a bill can be found here: Paulson's Reasons for Delaying Day of Reckoning. It's a shame more Congressmen didn't read it before voting.
Here is another interesting article. Ever wondered who owns the two people running for President? Here is your answer: The best candidates special interest money can buy or "Who Owns Whom?" (In case you don't go there and look, the top contributors to both candidates are the very financial institutions who will benefit from the $700 billion of taxpayer money that Congress just voted to give them).
Here is one of the few people in Congress who makes any sense, talking about this dumb bill: Congressman Ron Paul Responds to the 700B Bailout
Can you tell I'm just a bit pissed? I just finished my taxes for 2007 and all the money I'm paying it going to go to pay for stupid dumb-ass bills like this one.