Thursday, November 20, 2008

SUCKUP — the Seemingly Unlimited Cash Kitty Under Paulson

Let’s see. There’s Treasury Secretary Hank Paulson’s “bailout fund.” There’s also the AIG money that’s separate from the bailout fund. Then there are the “efficient car” loan guarantees already on schedule to be provided for Detroit’s Big Three automakers. And don’t forget the “cash injections” heading to the coffers of Fannie Mae and Freddie Mac.

Oh, and do you see that long line stretching around the block? Those are all the entities, public and private, accompanied by their lobbyists, wanting in on the action. K Street has never had it so good.

It’s all one big SUCKUP — the Seemingly Unlimited Cash Kitty Under Paulson.

More:

http://pajamasmedia.com/blog/that-giant-suckup-sound-in-washington/

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