The financial bailout was designed to purchase troubled assets so that corporations could move forward and resume normal lending and operations. Today, Paulson announced that no troubled assets would be purchased. 350 billion dollars have already been doled out, without spending one cent on its primary purpose. The government has purchased stake in several banks, and "hopes" they will resume normal lending. "HOPES?" Why the f**k wasn't this a stipulation as part of the bailout? Why weren't conditions put on the money?
I feel like we aren't getting good value for our money. And it is OUR money, let's not forget. I feel like sending the government an invoice. If the bailout is not going to be used as intended, I want my share back. In cash. Now.
I think that's fair, don't you?
No comments:
Post a Comment