I found this article on another blog (by LeDuc) and I thought it made sense so I thought I would share it with you.
It's cold, wet and snowy here in the Pacific Northwest. I can't go anywhere or do anything so I thought I'd tackle this bailout thing.
Currently literally billions of dollars are going to financial institutions, apparently no questions asked. These institutions are using the money to do such things as pay dividends, offer their top management big salaries, bonuses and gilded golden parachutes. For the life of me, I can't figure out what these funds are doing now--today--to benefit the taxpayers providing those funds (I'm not too sure how that works either but will save my questions for another time).
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