Thursday, November 20, 2008

Taxpayers are Chumps Cont.

Told ya so, in October, I said taxpayers were chumps for bailing out corporate America, especially AIG. Rep. Elijah Cummings, D-Maryland agrees, watch him on YouTube question Neel Kashkari, the interim assistant Treasury secretary for financial stability and read Washington Post, Treasury's Bailouts Are Getting Us Chumped.

We bailout corporate America and they use the money to pay for private jets, swanky retreats, dividends, and bonuses. The latest, AIG will pay employees $503 million in deferred compensation. We are a nation of chumps thanks to the Republi-cons.

If you ask me, it is just icing on the cake of the Republi-con legacy as another chapter of the unholy alliance ends.