Okay, so W put Henry Paulson in charge of the 700 billion dollar boondoggle bailout they requested for all of us--keeping in mind he's a Wall Street investment banker--and what happens? Mr. Paulson slipped a 5 sentence change in tax law from the Treasury that gave these same banks what is expected to be another 140 billion dollar tax write off.
Classic, huh? Almost unbelievable.
Congress is furious. Not enough to really do anything but they're angry. And they should be since this is effectively changing tax laws, which is Congress' job (that's what THEY get bribed--er, paid--to do) and Treasury is only supposed to enforce those laws--not change or create them.
To go one step further, technically it may even be illegal. But since we're in such tenuous, new financial straits and territory--and Congress is filled with spineless, fearful jellyfish--they don't want to make too big a stink over it, for fear it will make things worse.
As things continue to go to heck and we get closer and closer to what seems to be a meltdown of our financial system, let's NEVER forget, folks, that it was President George Walker Bush who took us there.
Let's always refer to this as George W. Bush's Depression.
He's been completely irresponsible on his watch as President.
Let's not let him off the hook, like Donald Rumsfeld is now, regarding the war in Iraq.
These clowns made these messes. Let's never forget it.
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