SoupNazzi
Shared on Fri, 01/23/2009 - 10:44Many of the large American companies that received billions of taxpayer bailout dollars by pleading that they didn't have enough money to lend to customers were, at the same time, spending millions of dollars dispatching lobbyists to influence the federal government.
A Washington Times review of lobbying disclosure reports found that 18 of the top 20 recipients of federal bailout money spent a combined $12.2 million lobbying the White House, the Treasury Department, Congress and federal agencies during the last quarter of 2008.
NEW YORK | Wall Street bonuses, a sore point as the government gives billions of dollars in bailout money to the financial industry, have apparently cost former Merrill Lynch & Co. CEO John Thain his new job at Bank of America Corp.
Mr. Thain resigned from Bank of America on Thursday following news that Merrill Lynch had rushed out its year-end bonuses, paying them just before Bank of America completed its acquisition of Merrill Lynch and sought $20 billion in additional government bailout money.
Makes me sick. Why are people getting bonuses for failing? WTF?
Our money, my money is going to these people. Where's my bailout? Oh, that's right, us poor people don't get one. Even though we are the ones that would benefit more then those companies.
Does everyone realize that Obama will only serve ONE term? If he can't deliver on even half his promises, and the economy and what not has been turned around by the next election, he's out. He'll be voted out like Carter was.
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Submitted by Jmarps on Fri, 01/23/2009 - 20:16
Submitted by DRAGONBLOODSOUP on Mon, 01/26/2009 - 21:44
Submitted by ekattan on Fri, 01/23/2009 - 10:52
Submitted by millfire517 on Fri, 01/23/2009 - 11:46
Submitted by TheDastard on Fri, 01/23/2009 - 11:46
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Submitted by hudsmack on Fri, 01/23/2009 - 13:44
Submitted by TheDastard on Fri, 01/23/2009 - 14:10
Submitted by NotStyro on Fri, 01/23/2009 - 18:02