Some of the new hires worked for one dollar against getting a performance bonus — and now the government has informed the world that under President Obama, a contract is no longer a contract in the United States of America. For a measly 160 million dollars out of $TRILLIONS being spread around to disreputable groups like ACORN and others — with little to no oversight — this despicable Congress and president have repudiated contract law.

Ah, poor widdle babies. The gub’mint was mean to them after they destroyed our economy. See this? It’s the world’s smallest violin playing, “My 401K bleeds for them.”

I gotta love this, though, from howiam:
“Politicians make rules for their own good…to get votes, and despite their rhetoric, could care less about helping anyone but themselves.”

Yes, it’s the politicians, not the CEOs paying themselves millions as they lay offs thousands and foreclose on your home, it’s the politicians –not greedy executives– who only care about themselves and could care less about you…Riiiiiiiight.

The above is how this is going to be played in the news media and the leftie spin factory. Yes, perhaps technically what Paulson did was illegal, but he was messing with a big corporation and probably only hurt a vicious Nazi of a corporate CEO who’s paid himself a much-too-large salary anyway, so who cares? The only people who are going to lose money here are the *Rich*, and at this point does anyone in this country admit to belonging to that group? Better to be a self-described child molester or Klan member.

The reality, that such companies as BOA have many investors, including large public pension funds, and that the health of such a company is probably very important to those investors and to the people who are going to draw on those pensions, goes right over the head of Herb and people like him. Who cares whether those pensions are endangered? The government can be pressured into guaranteeing said pensions (at a cost to the silly taxpayer, and remember, we only tax the *Rich*, so who cares how much they have to pay), and at least we’ll get that evil CEO who doesn’t deserve the money he’s earning. We should be paying it to some schoolteacher in a public school somewhere, while s/he tries to pick up on the student in the third row they’ve found true love with.

If Ken Lewis’s testimony is accurate, not only are Paulson and Bernanke on the hook, but also Lewis himself. He totally bailed on his fiduciary responsibility to the B of A shareholders and bondholders by keeping his findings re. the Merrill Lynch deal secret from them. This is breaking the law.

Cato: Paulson’s loyalties are firstly to Goldman Sachs, and then to the Wall Street banksters. Goldman Sachs has padded plenty of politician funds in both parties. Thain, former CEO of Merrill Lynch, came from Goldman Sachs. Goldman Sachs is a central player in the Wall Street oligarchy that has our government (both parties and Obama) by the nads. You won’t hear this in any political blogs though, and especially not in any mainstream media. Check out http://www.goldmansachs666.com, which is currently being sued by Goldman Sachs.

For folks wanting to get a real good idea just how badly we’re being looted and defrauded by Wall Street, thanks to our government, check out Karl Denninger’s blog: http://market-ticker.denninger.net/

Huh? What in heaven’s name are you talking about? I am not aware of any center-right thinker who defends corporate welfare. None whatsoever. Could you please provide even one example? And please do not point to some politicians who use this issue as a trade off to pass allegedly more important bills.

“Does the Constitution insure our freedoms or not?”

Yes. But the provisions that insure those freedoms do have to be implemented by “someone”. So the question is, why are those who have that power (any Senator or US Representative); some from the judiciary?; who? why….is no one stepping up?

(And that is NOT a rhetorical question. I want to know WHY they are not stepping up. If what’s happening to the United States of America is ok with them, I think each and every one of them should be required to explain in plain English WHY they think it’s ok.)

As they say in Parliament, “Hear! Hear!”

–The UnPatriot