The Red Brick Times

  Saturday, October 25, 2008

Follow the pigs from trough to trough. Their first pork-a-thon was to reap untold billions in loan fees from those foolish enough to think the housing bubble would go on forever, then profit again by repackaging those loans in ways no one could understand (or be forced to take responsibility for). Now they're absolutely wallowing in a government giveaway that was supposedly meant to stop the crashing of the world economy (that they brought on in the first place). But no, they can think of better uses for that money.

And hey! That's one big trough! why should they be the only piggies in the game?
"The Financial Services Roundtable, a lobbying group for financial services companies, asked the Treasury Department on Friday to open its program to broker-dealers, insurance companies, car companies and financial institutions owned by foreign corporations."
Our financial institutions and their lobbyists are in hog heaven right now and working overtime to slurp down as much as they can, because they know what's coming next.
by whatley (1) comments

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