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Recent articles related to the financial crisis.

Wednesday, November 19, 2008

 

Congressman worries that taxpayers are chumps

by Dollars and Sense

Great video of Rep Elija Cummings (D-MD) grilling Neil Kashkari (the guy Paulson has put in charge of handing out the $700 billion bailout). He asks why taxpayers shouldn't feel like "chumps" for handing over endless billions to AIG. HT to Michelle Singletary.

Kucinich has a nice line at 8:04 -- "I don't think anyone questions, Mr. Kashkari, that you're working hard. Our question is who you're working for."

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11/19/2008 10:47:00 PM

Comments:
So the Congressmen are shocked, SHOCKED, that the Huge Pile of Money they handed over to Wall Street on one week's notice is being wasted?

I've got news for you, Congressman Cummings: you guys ARE chumps, and Paulson and his buddies can barely contain their chuckles.

I'm starting to think they're all in on it, and hearings like that are just Kabuki theatre.
 
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