Article

2008-12-22 Home Front Economy

Where'd the bailout money go? Shhhh, it's a secret

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by ed 2008-12-22 08:59|| || Front Page|| [11133 views ] Top

#1 The biggest con in history?

Posted by g(r)omgoru 2008-12-22 09:08|| 2008-12-22 09:08|| Front Page Top

#2 Looks that way.

Posted by g(r)omgoru 2008-12-22 09:11|| 2008-12-22 09:11|| Front Page Top

#3 Fox News has already sued the government under the Freedom of Information Act.

Personally, I think that if tax dollars are going to private companies the public deserves to know where their money is going. This is how revolutions get started people. Let's knock of the elite cronyism before we knock some heads.

Posted by DarthVader 2008-12-22 09:26|| 2008-12-22 09:26|| Front Page Top

#4 Personally, I think that if tax dollars are going to private companies the public deserves to know where their money is going

Er huhhhh, I believe that is precisely the promise I heard on pols make on the teli just a few weeks ago.

Posted by Besoeker 2008-12-22 09:29|| 2008-12-22 09:29|| Front Page Top

#5 This just further cements my belief that we're past the point of a governmental singularity - i.e. we, the people, can no longer effectively control the course of government. All the branches are so completely out of touch with reality that they're living in their own bubbles.

We can tweak around the edges and influence some things like foreign policy via presidential elections, but the majority of governmental functions are run by unelected beureaucrats who have ways of getting their way in the end. Not to mention a Congress that is so fundamentally corrupt and utterly dishonest that absolutely nothing worthwhile comes from it.

I know I've painted with a broad brush and thrown out a few babies with the bathwater [insert metaphor of choice here], but I really see far too few exceptions to make a real difference. Any "reform" is inevitably corrupted by inertia, competing interests, and dishonesty and lack of transparency.

And, yes, we the voters are ultimately to blame for being so disinterested that we let the inmates take over the asylum.

I'm convinced nothing short of another revolution will truly clean out the cesspit that Washington has become.

/apologies for the grim rant
Spam content is 0 percent

Posted by xbalanke 2008-12-22 09:58|| 2008-12-22 09:58|| Front Page Top

#6 They didn't give it to me...
Maybe a refurb of Paulson's super yacht?

Posted by 3dc 2008-12-22 10:49|| 2008-12-22 10:49|| Front Page Top

#7 They gave it to the politically well connected to bail out the CDS.

You could have used the money (unwisely IMHO) to give to every mortgage holder and get the back above water.

Posted by Bright Pebbles 2008-12-22 12:02|| 2008-12-22 12:02|| Front Page Top

Posted by GolfBravoUSMC 2008-12-22 15:37|| 2008-12-22 15:37|| Front Page Top

#9 Okay the banks got their money, what good has it done me?

Posted by Grolush Darling of the Hatfields3195 2008-12-22 21:26|| 2008-12-22 21:26|| Front Page Top

#10 Not a single recipient provided information on what they spent the money on?

That stinks to high hell of a crooked deal.

Posted by bigjim-ky 2008-12-22 21:45|| 2008-12-22 21:45|| Front Page Top

23:45 JosephMendiola
23:41 JosephMendiola
23:40 tipover
23:31 CrazyFool
23:30 tipover
23:28 JosephMendiola
23:22 JosephMendiola
23:20 DarthVader
23:15 DarthVader
23:14 JosephMendiola
23:10 JosephMendiola
23:10 Bright Pebbles
23:09 JosephMendiola
23:02 JosephMendiola
23:00 bigjim-ky
22:58 JosephMendiola
22:57 JosephMendiola
22:57 john frum
22:53 JosephMendiola
22:50 USN,Ret.
22:48 USN,Ret.
22:44 JosephMendiola
22:40 rjschwarz
22:38 rjschwarz