Wednesday, February 11, 2009

What is going on?

Am I the only person that thinks there is something wrong with giving the banks billions of dollars and zero accountability? It is the same people criticizing on the hill today that approved the package in the first place. Politicians are incredible. Teflon, as in nothing sticks.

One CEO stated today that despite receiving $25 billion, his bank lent the same amount of money in Q4 2008 as they did in the prior year.  what happened to the $25 billion?

And the answer is.....