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Politics : Politics for Pros- moderated

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To: goldworldnet who wrote (277545)10/30/2008 10:40:14 AM
From: ManyMoose6 Recommendations  Read Replies (5) of 793946
 
Huckster[s]

Talk about scams, I heard on the news this morning that over half of the money handed over to the banks in that $700 billion bailout last month is being used to pay shareholder dividends!

There's something wrong with this picture. It's so egregious I can hardly refrain from lapsing into expletives.

That money was supposed to be lent out, and the reason for giving it to the banks was because they had no money to lend out.

What the hell is going on here? Will somebody explain it to me?
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