RE: From the article: "The banks that have taken the taxpayers' money ought to be part of the solution, but they are acting like war profiteers," Rowe said. "If I were in charge, I would haul them all down to Gitmo, put them in a room and say, 'You have used the taxpayers' money to pervert our objectives. It is morally wrong, and we are not going to stand for it."
This Rowe person is evidently a brain damaged idiot and/or so hopelessly ignorant as not competent to state an opinion.
The $700 billion bailout was written in the form of a blank check, with no checks or balances whatsoever. It specifically, and unconditionally, allowed any or all of the money to be used to purchase stock, in virtually any company, with no strings attached. It did not require any part of the money be used to buy bad loans. The language left that part completely optional.
If anyone should be slapped in irons and duck walked off to a prison camp, it's the members of Congress that passed the Act, and the two Presidential candidates that openly endorsed it.
If you give money to a crack addict on welfare, you can expect the crack addict to use it to buy crack. The notion the crack addict will suddenly turn from a life of crime to engage in altruistic philanthropy is stupid beyond the ability of words to describe. |
