Banks account in "aggregate"

Those banks who were about to close their doors and abandon their customers and stockholders, but were "rescued" by the adninistration of G.W. Bush, have now taken the cash from Secretary Paulson and refuse to account to the taxpayers where they have spent or deposited it.
I do not know if the administration knows where the money is, but I must assume that they do.

The only answer the banks will give to the question is that as a group the banks have decided not to account for just where their money goes, including the tax money.
They claim to handle their money, including the tax money, as one "aggregate" of money---with no seperation of accounting for it's use!
Wonder if they do that with my personal money?

I do know that many bank executives were granted very large bonuses in 2008 and untold shares of stock for free or for a paltry sum, but I would assume that those came out of petty cash with no ties to the aggregate. How could Paulson try and stop such as this when he took about a quarter BILLION from Goldman Sachs when he left there to be Treasury Secretary?

I don't understand at all how the right wing in this country can advance approval of this method of economic management--even at the expense of getting a liberal elected President!

We are sure to be doomed now by the liberals--they wil do so much worse than the place we find ourselves in now!
They will even allow freedom of individuals to carry guns and decide on whether to give birth or not!
Why they will even give money to schools, poor people, and health insurance for the decripit! It is awful, much more worse!
Blah, blah. We don't care!

Blah, blah, blah!

Submitted by Bonkers on Tue, 12/30/2008 - 7:51am.

Restaurants are closing and those that aren't are hurting badly. You foodie folks get out there quickly!
Banks won't loan them a dime!
That wonderful insurer of insurers, AIG, American Insurance General,
has already spent 126 BILLION of the 146 authorized!
None of it was loaned, they just wrote off the toxic papers they had.
Blah, blah, blah. I assume no one here cares!

Restaurants are closing and cutting down on cooks and food buying quality. Blah, blah, blah! 15%-20% tips are now required for the poor waiters, after taxes and before discount coupons, since the restaurants don't pay them anything or provide any benefits. Blah, blah, blah,--we don't care!

What do real estate people do in this situation that we are in---I think thee must be about a thousand or so in Fayette with no sales! I think I saw one rented out the other day for an Amway or Mary Kay meeting! Blah, blah, blah!

Banks account for their spent tax money, in "aggregate," did you know that? Blah, blah, blah. Aggregate bonuses, aggregate stock dividends, aggregate partner pay-outs, aggregate purchases of foreclosures, aggregate 30% credit card charges, etc.
Blah, blah, blah, we don't care---where can we eat cheap and good?
I'm a good cook but as long as the unemployment check or the credit cards last, we are going to eat out!

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Bonkers - at least get the name right!

Submitted by SpinDr on Tue, 12/30/2008 - 9:38am.

Bonkers, I am not arguing with you on the points you make in your posting. It is just a bit more effective if you get the name of the insurance company, AIG, correct. It is American International Group -not American Insurance General.

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$$ BLAH BLAH BLAH $$

Submitted by Blah Blah on Fri, 12/26/2008 - 11:41pm.

THE DOLLAR SONG

Blah, Blah, Blah

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$$ Blonkers, Blonkers, Blonkers $$

Submitted by Blah Blah on Tue, 12/30/2008 - 1:52pm.

Nudder day anudder dollar.

Blah, Blah, Blah

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