“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

Socialist Party presidential candidate Norman Thomas

Tuesday, December 30, 2008

Bailout boondoggle

I am still waiting for somebody to explain to me how Sec. Paulson didn't swindle billions from the American taxpayer in order to personally enrich his buddies.....still waiting.....

A former top executive at Merrill Lynch who received a $25 million golden parachute after just three months of work has purchased a $37 million Park Avenue palace.

Peter Kraus, 55, paid the staggering sum for a five-bedroom co-op on New York's posh Park Avenue after getting a $25 million buyout from Merrill Lynch when the company was sold to Bank of America in September, the New York Post reported

This bailout swindle should prove to be the biggest fleecing of the American taxpayer in history. Every day we hear new outrageous stories of these Wall Street types literally stealing this money for themselves. Hank Paulson should be run out of town....that is if he's not thrown in jail.

Bush's sad legacy will be defined by big spending, planning failures in Iraq, and the theft, in broad daylight, of over a trillion dollars from taxpayers. Honestly, I don't see how Obama could do much worse.

1 comment:

David said...

I can't think of a better time to buy bullets...lots of bullets and up one's pitchfork inventory. It's coming, I think.