Friday, April 3, 2009

Kickbacks to Congress for the Bailouts?

I have a lot of faith that President Obama will pull us out of this economic mess we are in. But there are always those little fears that Obama is just another tool in a concerted effort to transfer all wealth to an elite aristocracy. After all, Economics is just how we (or whoever controls the money) decides to distribute it.

It only adds to my apprehensions when I learn that after the Treasury Department disburses billions of dollars to our "failing banks", the banks' respective Political Action Committees (PAC) graciously started rewarding (or maybe continued to reward) the campaign coffers of key members of Congress.

Is that like a kickback?

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