Man, they raped us good this time.

How pathetic we are. A supposed superpower getting hoodwinked by a bunch of suit and tied hucksters, and there's not a damn thing anyone can do about it.

Home of the brave...what a fucking joke.

Home of the knave, more likely.

This is for the second half of the bailout Obama and Bush are pushing for congress to release:
"In an interview aired Sunday on ABC's "This Week," Obama said he has asked his economic team to develop a set of principles to ensure more openness about how the money is spent. Under consideration by Obama aides and congressional Democrats are proposals to limit executive pay at institutions that receive the money and to force such institutions to get rid of any private aircraft they may own or lease."

It remains to be seen whether that'll actually happen.

Shocker! I can't help but laugh, only because I'm not an American.

Yeah, nobody saw this coming... give the folks who made awful decisions in the first place MORE MONEY. What could go wrong?

MCCAIN: THE FUNDAMENTALS OF THE ECONOMY ARE STRONG

BANKS: LOL OH SHIT WE FUCKED UP. WE NEED MONEY!!!

GOVERNMENT: K HOW MUCH?

BANKS: EVERYTHINGGGGG!!! LOL!

GVOERNMENT: K NEED ADMINS TO WATCH OVER IT K?

BANKS: WTF SOCIALISM? REGULATION YOU TRYING TO KILL MARKET? FU!

PAULSON: K HERE HAVE A BLANK CHECK

>> ^cheesemoo:
Yeah, nobody saw this coming... give the folks who made awful decisions in the first place MORE MONEY. What could go wrong?


They didn't really lose anything.

They lost paper money, ledger ink on fractional lending.

Now they own all of this property that they have to sell anyway sooner or later.

But there's nobody there to buy it since everybody's getting laid off.

Money is an illusion. When an entire country and, by extension, the world grinds to a hault because somebody absconded with the Monopoly paper...and as a result people live in their cars and towers in Dubai can't be completed...we have to admit that this is a really fucked up situation that must be readdressed, reevaluated, and revamped.

What did you expect when the government decides to hand over a blank check signed by taxpayers?

Especially when the people who did it despise the government to begin with.

I can't believe they're not attaching lawyers to this money that's being sent out.

To just send it out without any kind of rules about what it's to be spent on for every dollar is ludicrous. These companies should be handling this with the utmost respect for its intended purpose; they're being given BILLIONS by the government!

All this crap in the government about not cracking down on corporate corruption has just been given a chance to blow it for everything.

Every single dollar from the government should be treated like it's going to the treatment of someone who is dying! This is no joke, and you'd think these CEO's who are running companies in need of the government swooping them out of harm's way ought to be doing what the "cool" CEOs of companies in normal trouble like to do anyway: work for free.

I don't really think they should do that, but seeing someone in that financial position take 25 mil in salary is nauseating. It reminds me of that golden parachute bullshit that has been going on.

These people are rich, and they're not even necessarily the person who started the damned company. I can understand someone starting a company and wanting to take a nice cut of the earnings after going public and all. That should be a God given right.

But to do this? Wow.

Not that I doubt that any of this is true, is there any information in this video at all? It is just a (most likely true) bunch of stuff that is being said without any substance? Where are the interviews and junk? I can't upvote something that is just a rag piece, even if it is most likely true.

>> ^rougy:Money is an illusion. When an entire country and, by extension, the world grinds to a hault because somebody absconded with the Monopoly paper...and as a result people live in their cars and towers in Dubai can't be completed...we have to admit that this is a really fucked up situation that must be readdressed, reevaluated, and revamped.


The money was exchanged for property, and the only loss was opportunity costs for the US Gov (significant costs), but that's not the point. The money was exchanged so that lending could resume, and the economy could recover sooner. Instead, at least according to this sift, the money was paid to execs, as the economy continues to tank.

First off, the Board of Directors, authorized how much the CEO of the bank was making, well before this financial crisis got started. With the list of pay, also has stipulations on the level of success reached by the company.

Second, this video does not give exact information, but merely, fear, that something has not gone according to plan. The information for the bailout for this bank, is a matter of public record. Now then, it is understood, that a bank is a business, and has to stay competitive. So its records are not known by the massaes. It is however known, by those peoples set up to over see the issues and exchanges according to the Congress of the USA.

Third, if you are still concern of this particular elements of the US goverment, contact your representative. That is their job, to REPRESENT you, the tax payer. If he doesnt do it, dont vote for them in the next election.

*money

Adding video to channels (Money) - requested by MycroftHomlz.