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Default Where'd the bailout money go? Shhhh, it's a Republican secret

On Mon, 22 Dec 2008 00:31:41 -0800 (PST), Too_Many_Tools
wrote:

Where'd the bailout money go? Shhhh, it's a secret


Heres one place
----------------
snip
On a financial landscape littered with wreckage, WaMu, a
Seattle-based bank that opened branches at a clip worthy of a
fast-food chain, stands out as a singularly brazen case of lax
lending. By the first half of this year, the value of its bad
loans had reached $11.5 billion, nearly tripling from $4.2
billion a year earlier.
snip
-------------
http://www.nytimes.com/2008/12/28/business/28wamu.html

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Default Where'd the bailout money go? Shhhh, it's a Republican secret

On Dec 28, 11:14*am, F. George McDuffee gmcduf...@mcduffee-
associates.us wrote:
On Mon, 22 Dec 2008 00:31:41 -0800 (PST), Too_Many_Tools

wrote:
Where'd the bailout money go? Shhhh, it's a secret


Heres one place
----------------
snip
On a financial landscape littered with wreckage, WaMu, a
Seattle-based bank that opened branches at a clip worthy of a
fast-food chain, stands out as a singularly brazen case of lax
lending. By the first half of this year, the value of its bad
loans had reached $11.5 billion, nearly tripling from $4.2
billion a year earlier.
snip
-------------http://www.nytimes.com/2008/12/28/business/28wamu.html


Correct...and there are many more.

And NONE of them are talking....including your Republican
Administration.

Why should they?

It's your money they are spending....not theirs.

TMT
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Default Where'd the bailout money go? Shhhh, it's a Republican secret


"Too_Many_Tools" wrote in message
...
On Dec 28, 11:14 am, F. George McDuffee gmcduf...@mcduffee-
associates.us wrote:
On Mon, 22 Dec 2008 00:31:41 -0800 (PST), Too_Many_Tools

wrote:
Where'd the bailout money go? Shhhh, it's a secret


Heres one place
----------------
snip
On a financial landscape littered with wreckage, WaMu, a
Seattle-based bank that opened branches at a clip worthy of a
fast-food chain, stands out as a singularly brazen case of lax
lending. By the first half of this year, the value of its bad
loans had reached $11.5 billion, nearly tripling from $4.2
billion a year earlier.
snip
-------------http://www.nytimes.com/2008/12/28/business/28wamu.html


Correct...and there are many more.

And NONE of them are talking....including your Republican
Administration.

Why should they?

It's your money they are spending....not theirs.

TMT

It is also a Democrat controlled Congress. Both parties are crap!


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