Going out the way he came in
It seems that the Treasury Department's done it again. According to the Washington Post, they've given banks a $140 billion dollar tax break. They did it by issuing an order to ignore a Congressional law that eliminated a tax shelter for bank mergers. That's right, they issued an executive order to violate national law in order to make banks more money.
This is at a time when people are already concerned the bailout is not being used to loan to companies and citizens in order to help the economy, but to acquire other banks to help bank executive and owner compensation.
If there's one think Shrub's Administration has remained consistent about for eight years, it's to help the rich at the expense of everyone else. Why would he change with only two months left?
This is at a time when people are already concerned the bailout is not being used to loan to companies and citizens in order to help the economy, but to acquire other banks to help bank executive and owner compensation.
If there's one think Shrub's Administration has remained consistent about for eight years, it's to help the rich at the expense of everyone else. Why would he change with only two months left?