Saturday, December 13, 2008

Bank of America, the $15Billion scam artist ...

Bank of America cheats big and small alike. $35 a pop from me and you. $15 billion from the US government (our tax money).
Ah, the sweet smell of your TARP money being used to batter the US economy senseless. First Bank of America gets $15 billion of TARP funds, and issues $9 billion worth of bonds guaranteed by the FDIC, then it spends $7 billion to buy a big stake in a Chinese bank. Now Bank of America announces it's laying off 30,000 to 35,000 workers. ... [...] ... —if a company is in good enough shape to be doing acquisitions, it's in good enough shape that it shouldn't need Federal help.
Congress, it's time to take this money back. NOW!

Today's QUOTES:

Only the GOP in America or the Nazi party in Germany could have destroyed a nation so efficiently and have the nerve to brag about it. ...
--The GOP --a Parasite That Murdered Its Host, The Existentialist Cowboy

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