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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!
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!
