Friday, January 16, 2009
Crooks Giving Money To Crooks
I lost track of the total so far. What is it $700 billion? I have never been more discouraged about where this country is headed. It doesn't really impact my overall attitude that much but this country is on a direct path to socialism and none of the so-called "leaders / crooks" care. We literally have crooks giving money to crooks.
WASHINGTON -- Think you could borrow money from a bank without saying what you were going to do with it? Well, apparently when banks borrow from you, they don't feel the same need to say how the money is spent. After receiving billions in aid from U.S. taxpayers, the nation's largest banks say they can't track exactly how they're spending it. Some won't even talk about it. "We're choosing not to disclose that," said Kevin Heine, spokesman for Bank of New York Mellon, which received about $3 billion. Thomas Kelly, a spokesman for JPMorgan Chase, which received $25 billion in emergency bailout money, said that while some of the money was lent, some was not, and the bank has not given any accounting of exactly how the money is being used.
"We have not disclosed that to the public. We're declining to," Kelly said. The Associated Press contacted 21 banks that received at least $1 billion in government money and asked four questions: How much has been spent? What was it spent on? How much is being held in savings, and what's the plan for the rest? None of the banks provided specific answers.
Unbelievable. I don't even care whose fault it is but I do care where we're headed. Should I contact my state crook? Do I really think that will matter? Nope - he's giving money to the other crooks he knows. They're all crooks and they're stealing from us. We have scandals happening in our state and city governments too. It's everywhere!