Monday, November 24, 2008

Another $20 million of tax-payer money pumped into Citigroup

Here we go again. More rewards for business with a lousy management team and greedy CEO. Regulators hope that plowing the cash into their coffers will avoid a worse global crisis than the one in the 1930s. Right now, every big corporate business in the country is running to the trough at Washington DC begging for a bailout. The Big Three automakers have been pleading their case recently, but were told to come up with a business plan. Well, imagine that.

A business plan. The same clowns who ran their companies into the ground now have the gall to ask for money. And the damn government is giving it to them. That's crap! Let them go bankrupt and re-do the way they do business. They won't learn their lesson if Uncle Sugar bails them out.

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