http://news.yahoo.com/s/ap/20090609/ap_on_bi_ge/us_tarp_winners_and_losers

This article talks about the $700 billion Troubled Asset Relief Program (TARP). In case you've been otherwise engaged, this program was created by Congress last October at the height of the financial crisis. It states, in sum and substance, that approximately $68 B of bail-out funds is being paid back because the banks don't want a cap on their executive salaries.

Hmm... It would have been nice to have a laundry list of other debatable, unpalatable federal oversight reasons, however, this is what I got out of it. Made quite an impression too. I had to read it again and I think I'm having a senior moment because of it (LOL).

What do you think? It's been less than ten months and "suddenly" they don't need the money they begged for? What happened to all those dire prognostications and time-is-of-the-essence bail-me-out-now-or-else because we're heading towards a huge crash? Where are our crash and burn experts now? Lots of sum and substance writing available in Google to remind them of what they all said. Got 'em in digital visuals on YouTube if you don't feel like reading.  Look those virtual puppies up... I think there were a few who said they didn't want the money but someone forced them to take it or face inarticulate woes. Get it from the political horse's mouth because I am still having a senior moment, then start writing those letters demanding an explanation. Make sure your research is straight before you complain. No one likes to be accused of something they didn't do or didn't say.

If you're going to b*tch make it worth while. Maybe we will get a press release, Maybe we wont. Anything is better than having these people act as if we are not here because apathy has set in and we are too busy arguing about the soundbites rather than the reality of what this means for us as a nation.

$68 billion is a lot of money. Where is that money going when they pay it back? Inquiring minds want to know...

Mini-rant done. :-)