According to a recent, AP article : http://www.boston.com/news/nation/washington/articles/2008/12/22/whered_the_bailout_money_go_shhhh_its_a_secret/), the congressional committee to oversee the bailout has a lot of questions about how and where the billions of our money has been spent, yet they haven't been able to gain any answers.
Apparently, unbeknownst to me, the bailout plan did not include mandatory disclosure of how the governments funds are being allocated.
For those non-New Englanders, we here in the Northeast got slammed with a snowstorm thoughout the entire weekend. I was furious at the thought of where my city taxes were going as the streets were a mess! Now, realizing that near trillion dollars, that we as taxpayers, will be responsible for, is it so much to ask for these giant banks to be held accountable for our money?
Don't take this one lying down. We have every right to know where that money is going and the fact that these banks are not forthcoming with that information makes me both suspicious and furious. You should feel the same. Talk about gratitude, they begged on their hands and knees for this money and now they brush off the government.
The days of Laissez-faire are over. The government needs to do a better job of reminding these corporations of that. We also need to remind our government of that as well.
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Monday, December 22
by
thedemocraddict
on Mon 22 Dec 2008 08:54 AM PST
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