Is Treasury Using Bailout Funds to Prevent Fo
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5:19
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AIG's excuse:
we have to show our major investors that we're still filthy rich and we can afford to waste money to keep them from going elsewhere.
to be successful, one must portray an image of success.
oldskoolchomp 3 years ago
The stupid goverment as always is coming with a new stupid solution, bailing out bad business models and creating a new "stimulus" out of debt so people can buy their crap.
ficote72 3 years ago
WASHINGTON (AP) — House Speaker Nancy Pelosi said Saturday the House would provide aid to the ailing U.S. auto industry, requiring that the industry meet new fuel-efficiency standards, produce advanced vehicles and restructure "to ensure their long-term economic viability." this technology after retooling is years away from being profitable....operation Pelosi watch
tbackes 3 years ago
Nancy Pelosi is a discrace to America.
snoopdog68 3 years ago
Elijah Cummings.... do you think you are going to scape now?
What about you Cummings? Did you get it?
Didn't you get the message of 90% of your district constituents asking you to vote against the bailout?
Your time is coming also Cummings. Why did you vote in favor of this scam? Did you ever read the bill? Or better, Can you read english?
ficote72 3 years ago
Right on. Forget Reagan's so called "welfare queens." This is a new breed of state dependents. I know that wasn't the intent of the bailout, but that's what it has become.
zed4785 3 years ago 2
its hard to believe that congress actually believed the treasury was going to use the bailout money for foreclosure prevention! the fervor of the elections and fear was used to push the bailout through-mccain and obama BOTH voted for it-but the american people are the ones paying for it-
santasxgirlfriend 3 years ago
Oversight committee? You mean congress has oversight? Who has oversight of Chris Dodd and his unethical sweetheart countrywide deals? Who has oversight of Barney "nothing is wrong with Fannie Mae" Frank? This congress is a joke.
karen32862 3 years ago