Morons In Washington

I turned on the evening news and saw a story about bailout thug Neel Kashkari being grilled in front of Congress about the way bailout funds are being used. Those morons acted like they were surprised that the funds haven’t been used the way they were supposed to be used. Let me get this straight: the former ceo of Goldman Sachs gains dictatorial power to bailout his Wall Street buddies, then he puts one of his buddies from GS in charge of handing out the cash and handling “oversight” of everything. Ha! Like we didn’t see this coming! Ladies and gentlemen, you have now been introduced to a textbook example of moral hazard. Now that these failing Wall Streeters are insulated from because of bailout money, they will behave differently than they would if they had to take responsibility for their actions. Duh!

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