![]() |
|
||
|
Post-Bailout, Lobbying ContinuesPosted on Jan 23, 2009
Without skipping a beat, once-troubled financial entities are continuing to spend big to lobby Congress as they pocket billions in TARP bailout money. The lobbying is defended by the bail-outted firms as a “transparent and effective way” to be heard on policy issues.
Elsewhere: . CommentsAre you a Truthdig member yet? Login now, or register with Truthdig. Add Your Comment
|
A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
Copyright © 2009 Truthdig, L.L.C. All rights reserved. |
By Matt, January 28 at 7:22 pm #
(Unregistered commenter)
I agree, Felicity. This is ridiculous. We’re paying these companies to lobby for themselves. I’ve set up a petition to tell Congress to bring an end to this so we can at least channel our disgust into a solution: http://snipr.com/itsgottastop
Report thisBy BlueEagle, January 24 at 11:47 pm #
Oh look the mother has milk! Well then… let’s go suck on the nipple.
Report thisBy dihey, January 24 at 5:08 pm #
Mr. Obama has repeatedly asked for “better ideas”. Here is one. Instead of giving tax breaks buy 5 million cars from American auto makers over the next two years and devise strategies to get these to deserving families or individuals for free or for a small fee. Or else give these to state, county, and city agencies. Perhaps this will not create many new jobs but it will preserve existing jobs and rehire layoffs. Also the US car makers will not need to beg for more bailout money.
Report thisBy felicity, January 24 at 2:13 pm #
Sky Captain - First I’ve heard that car manufacturers caused this ‘financial mess.’
Financial entities are the culprits and their movers and shakers - who in my mind are guilty of fraud - are not only getting away scot-free, and not only laughing in their champagne at what they got away with, they apparently feel their victims aren’t worth an apology.
Sorry my comment wasn’t written clearly enough.
Report thisBy Sky Captain, January 23 at 8:28 pm #
felicity:
Do you want to see people employed, or unemployed? If so, you should keep your mouth shut and at least support the bailout of Ford, Chrysler, and GM. Nobody’s asking you to support the cars they make, just to keep people employed.
Report thisBy felicity, January 23 at 6:35 pm #
In Alice in Wonderland speak, it’s curiouser and curiouser that the bad actors who caused this financial mess have yet to speak out and ‘explain’ or perhaps justify their actions?
I can only think that, to quote Gatsby’s friend Nick Carroway’s comment when walking away in disgust from the mega-rich Tom Buchanans, “They’re careless people.” They go through their lives destroying people and they could care less.
Report this