Last Big Bite

Often I’ll make a point in a post and then see someone else make the same point much more eloquently. Here an unidentified member of Chester County Peace Movement improves on the point I made about the proposed Wall Street bailout. (No linkie because this came via email relayed to subscribers of CCPM’s listserv by the movement’s founder, Karen Porter).

From my own simplistic view (like you, I am not an economist) I see this entire bailout as the GOP’s last big bite of the public’s tax money before the neo-cons leave office. They haven’t just emptied the treasury over the past eight years, they are now trying to empty the treasury over the next EIGHT years, no matter who is in office.

This is a total sham…. a way of “downsizng” [sic] government once and for all….so the Democrats will not be able to keep their promises to the middle class. The transfer of money — especially if there are “no strings attached” as both Bush and Paulson are asking — is just another way of letting the GOP banker pigs keep on chowing down on the public trough for years to come.