Billions for the Banks Squat for the People



This is nice:

NEW YORK (Reuters) – The U.S. government “quietly” agreed not to collect billions of dollars in potential taxes from Citigroup Inc as part of its deal to allow the bank to repay its taxpayer bailout, The Washington Post reported.

Talking Points Memo commenting on Washington Post Article

This administration has quietly handed over billions to those friendly people from Citibank. Thats billions with a “b” and apparently this deal applies to the other banks involved in the bailout.

So, the Administration which de facto gave the order for the Senate Democrats to continue gutting health care reform* quietly shunts a gift of billions to the banks.

Can this get any worse?
and
Are the Dems trying to throw away the 2010 and 2012 elections?

*There is no other interpretation that can be put on Obama’s instruction to Reid to cave to Leiberman.


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