Buffalo Boy's Blog

So the bailout saga continues. Now instead of $700 billion it is $7.7 trillion. Great. Add to that that no one knows where any of this money is going. No clue. One day its going here, one day its going there.

Where do you hide $7.7 trillion dollars? This is the George Bush Administrations mess and Henry Paulson helped them orchestrate this big mess, there is no getting around it.

So far this money is going who know where. The Citigroup bailout is a big hoax. The largest share holder in Citigroup who would benefit the most is Saudi Prince Alwaleed. So we are bailing out a company where the vast majority of the money will go overseas. Someone please explain that one to me.

. If that doesn't have you seeing red, Once Wachovia is bought out by Wells Fargo, their executives will recieve $98.1 MILLION in severence pay. Severence for what? Running the one of the biggest banks in the country into the ground?

This whole thing stinks and has stunk from the get go. Its time that we start letting some of these companies fail. Republicans talk about Obama spreading the wealth, it looks like George W. Bush and Henry Paulson are the two you really need to worry about, they are spreading $7.7 trillion around, to the very rich, coorporate CEOs. All Obama wants to do is raise taxes on those same greedy ass CEO's by 3%.