Stupid Politicians

OK, I hate politicians! I can’t wait for all the facts to come out of this bank bailout! Like we didn’t know that they were going to waist Billions of dollars when they gave away $800 Billion to the banks? Now we have 2 Trillion more going out as a bailout package? Holy crap! Are they going to waist some more money?

Stupid politicians are surprised at the reports that AIG paid out $1.2 Billion in bonuses for productive and conscientious employees that helped run the business into the ground. They also created I believe 93 new millionaires in 2008 because of those bonuses!! These are retention bonuses? OK? Is it me? If someone lost me money in my business, I would fire them, I sure wouldn’t want to pay to keep them around! I don’t think there are a lot of people hiring right now? I say let them f*cking go!

Like they were surprised this all happened! Warnings were all around in 2001! The House Banking Commission held hearings were held then and again in 2003 and 2005! Especially when they were told that there was a problem with the way banks were operating and there could be catastrophic results! Secretary Snow warned again in 2003 that there needed to be more regulation on the banks because the practices would be devastating to the housing market. He said that Fannie and Freddie Mac needed to be reigned in and more regulation put on them.

This idiot is saying sh*t there isn’t enough housing for all the people that should be in a home now! Let’s keep giving away money to people that can’t afford to pay it back? it’s ok! This is they guy Handling out monetary systems? Barney Frank is just as big a crook as the rest! Here is proof, they removed this from servers in the U.S.. Now it only plays in Canada!

The leaders of the Commission, especially the member Barney Frank who is now head of this commission! Dismissed the warnings time after time and actually called for more sub prime lending! This guy looked like a fool with the questions he was asking the bankers.