Wow, corporate welfare is the new must have. This post is about how what's old is new again, how predatory lending's friend in the whitehouse and Eliot Spitzer's Demise might relate to the AIG bailout...
So as I seethe over the latest bailout of de-regulated wall street it suddenly occurred to me that Eliot Spitzer and 49 other state attornys general brought up some of the roots of the subprime mortgage problem a few years ago, for which Mr Spitzer was rewarded with a slap in the face and an a rude public outing. He broke the law with some hooker, and as an attorney general that is not so very wise, but how come nobody much comments on the fact that Spitzer got it for sleeping with a call girl, while GW Bush's hand-picked gay male-prostitute reporter visited the white house over 200 times, and even had a few sleepovers? And of course, the piece de resistance, McCain was one of the Keating Five, the $160 Billion with a B bailout of Lincoln Savings and Loan. Although not convicted, McCain was censured as having "acted unwisely."
Here's is young master Elliot's article in the New York Times:
http://www.washingtonpost.com/wp-dyn/content/article/2008/02/13/AR2008021302783.html And a nice op end accusing Bush of retaliating against Spitzer for the article. Not that Bush would ever break the law by retaliating against someone for an OpEd, *cough* outing CIA agent Valerie Plame *cough*
http://www.brasschecktv.com/page/291.html