I'm going to keep this short and sweet because I am absolutely sick and tired of this demagogic crap.
VP Joe Biden once again claimed that people who oppose President Obama's so-terrible-even-the-democratic-majority-senate-won't-pass-it American Jobs Act apparently don't mind if people are raped or murdered because of the lack of cops on the beat due to budget cuts. (Doesn't that mean he's criticizing his own party?)
Wednesday, October 19, 2011
Wednesday, October 5, 2011
AN EXERCISE IN THE MECHANICS OF CRONYISM AND THE USEFULNESS OF USEFUL IDIOTS
Crony Capitalism in five easy steps!
Step One: Warren Buffet, after a conversation with President Obama, loaned Bank of America $5 billion, even though BofA was protesting loudly that they were sound and didn't need a bailout.
Step Two: Bank of America makes headlines by deciding to pass on the costs of the Frank-n-Dodd regulations to their account holders (as opponents of the law forecast last summer) in the form of a $5 per month fee for use of debit cards (not including ATM withdrawals). Rest assured the other banks will be following suit - after BofA takes the heat for them, of course.
Step One: Warren Buffet, after a conversation with President Obama, loaned Bank of America $5 billion, even though BofA was protesting loudly that they were sound and didn't need a bailout.
Step Two: Bank of America makes headlines by deciding to pass on the costs of the Frank-n-Dodd regulations to their account holders (as opponents of the law forecast last summer) in the form of a $5 per month fee for use of debit cards (not including ATM withdrawals). Rest assured the other banks will be following suit - after BofA takes the heat for them, of course.
Subscribe to:
Posts (Atom)