AIG Delenda Est

These guys have chutzpah. Bailout upon bailout, but they pay "retention bonuses" to the same whackadoodle traders in phony paper (Credit Default Swaps, securitized mortgages) that caused this mess. Then they take the bailout money and pay foreign banks and Golman Sachs (a very politically connected bank, especially with Republicans.)

The thing that chaps my butt is the payouts to foreign banks. Why the fucks should American taxpayers be essentially bailing out foreign banks that got greedy and bought crap? Caveat Emptor, fuckers. We are taking the hit, both in our investment portfolios (most 401Ks have junk CDOs and CDSs in them), and in our taxpayer debt.

We are NOT bailing out the entire fucking world, damnit! We can't afford it!

Banking Pigs Complain About Trough Rules

Wells Fargo Assails TARP, Calls Stress Test ‘Asinine’ (Update1)

Well, asshole, if you don't need the money, then give it back. You don't like the government conditions, don't stick your fucking snout in the government trough, pig.

Dear Banks and Insurers

When Mr. & Ms. Main Street had problems with unemployment, insolvency, medical costs and debt starting in 2000 and onward, you told your flunkies in Congress "Tough. Let the Market™ Decide". You bade them pass legislation making it harder for individuals to file a clean bankruptcy, and they bowed and did it. You told me "It doesn't matter if you're unemployed, you still owe us money. Borrow from family, get a loan, yada yada". When Citi fucked me over on the one card I was keeping current because of other cards deliquent, they said "Touigh. It's just business. It's our rules. Pay your bills now."
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