We’ve heard of ex-post facto, but this is a new one – ex-pre facto, I guess you could call it.
The bailout plan is Bush’s going away gift to Goldman Sachs and the rest of his buddies. It is the biggest robbery in the history of the – well, of the earth, I guess you could say.
Like eager children, Goldman Sachs, and the other Bush buddies just could not wait – they had to unwrap at least part of their gift one day early.
Neel Kashkari (rhymes with “cash ‘n carry”), a 35 year old from Goldman Sachs (natch), was appointed by Goldman-Sachs-man Treasury Secretary Henry Paulson to head of the Office of Financial Stability. Neel will be the guy to pass out the dough. He got an early start, with the $430-billion already passed out.
OK, now for some much-needed comic relief. Only a small portion of the 442 pages that comprise the bill have anything to do with the $700-billion – most of the bill consists of neatly wrapped presents. Continue reading 60% of the $700 billion rip-off spent BEFORE BILL PASSED