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The legislation that allowed financial institutions to trade our mortgages and debt like baseball cards, without government regulation and oversight,(2000's Commodity Futures Modernization Act introduced and sponsored by President Bush's fellow Texan, and Senator McCain's financial adviser ex-Senator Phil Gramm, and overwhelmingly approved by the Republicans), still makes it hard to argue against saving our financial institutions. God knows they don't deserve it. So the taxpayers, millions of whom have lost their jobs and homes, now must pony up $700 Billion. To help offset some of that, how about getting Halliburton, VP Cheney's previous employer, to refund the $385 Million given to them in 2006. This money was given to them just in case the President decided we needed lots of massive detention centers built quickly, here in America. Hard to believe, ain't it? $385 million dollars given for no services whatsoever, just for possible future services. No wonder America owes the Chinese $500 Billion, with money management decisions like this. Imagine what $350 million dollars could do for our, or any other state. I know there wouldn't have been so many layoffs since 2006, had that money gone to us instead of giving it to the VP's buddies! It shouldn't be hard to see which party in this upcoming election represents Big Business, and which represents the average American.
Posted by matt okeefe | October 3, 2008 1:18 AM
Posted on October 3, 2008 01:18