Finally (from the Wall Street Journal)
The fools running the show want to give money to banks, whether or not they need it, whether or not they want it. Even if they were profitable and not in trouble. The people running the banks that EARNED a big-@$$ paycheck, object.
Why?
Because, as a condition of giving that money to the banks, the Fed doesn't want the banks to give bonuses and fat paychecks to anybody. You know, they want to break the law and require unwilling accomplices to break contracts, costing the heads of the banks LOTS of money.
FINALLY they are pushing back. Since it temporarily looks like the sky is not falling tomorrow, the capitalists and NON-SLAVE, NON-SUBJECT type Free Americans are resisting the naked attempts to socialize their industry and remove their profit incentives. They turned out to be self-interested after all, and God bless and help them for it. I was a little afraid I was the only one pissing into the wind here, but now I see again that there are others who will shout for their own defense also.
Good.
Note to the uninformed: money is fungible. If you use the bailout money to bail out customers, and non-bailout money to give bonuses, there is no way to tell which color of dollars went where. Then Barney Frank can open his fat socialist yap and b!tch and moan about corporate greed. Will somebody PLEASE vote that man out of office for me? Thanks.
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