STOP WASTING MONEY ON RICH CHEATS!
Obama's budget has 750 billion more money for banks. That's just unacceptable. These guys have been given enough, and then they keep using extortion to get what they want. ENOUGH!
Let them go bankrupt, then fire the management resell the assets. I'm damn tired of seeing rich fat cats laying off thousands of workers and still getting paid exorbitant sums. If Obama does this he deserves the slap in the face they will give him. They will take the money he offers and undermine his presidency with it. This should not be allowed to stand. Receivership is the best way forward. DO IT NOW. Oh, and order the fed to close its discount window to hedge funds, who will undermine any recovery with their money making strategies. I'm sick of hedge funds getting special privileges.
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Damn right Zeno. Fool me once...
The bank's solution to the mess they're in isn't to fix things, its to get more money from the taxpayers. These people are like an ER Physician demanding more blood transfusions because he hasn't got a clue about how to stop his patient from bleeding.
February 26, 2009 5:51 PM | Reply | Permalink
This is about banks like JP Morgan Chase that just announced another 12000 layoffs. Yeah, that will certainly help the economy. And they are NOT laying off management either!
February 26, 2009 10:24 PM | Reply | Permalink