reddit

“Paulson is granting loans and redacting the collateral out of the agreement, meaning we could be granting hundreds of billions of dollars and get crap in return. We’re talking about cutting a blank check to some of the most mismanaged industries in America without reprocussions to the executive leadership -� by all means, bail-out Detroit, just nationalize them and can the executives; why should we hand over tens of billions to the people who’ve run Detroit into the ground? - and by all means keep giving money to AIG - which is really American dollars going unaided by the world to bail-out the global economy; which is good, but we’ve already given them more than the GDP of Hungary.” source...