Thread: Kucinich Continues Investigation of Bail-Out Bonuses

Congressman Dennis Kucinich, Chairman of the Subcommittee on Domestic Policy is pressing his efforts to head off an avalanche of Wall Street bailout bonuses. Recent reports indicate bonuses and other compensation packages paid by financially troubled firms receiving government assistance could reach into the t More..ens of billions of dollars.

Today he released a letter sent to Congressman Henry Waxman, Chairman of the Committee on Oversight and Government Reform, asking that the Full Committee move quickly to investigate how bailout funds are being spent by the financial service companies participating in Treasury’s capital purchase program.

“It would be an affront to taxpayers and shareholders alike if Wall Street executives cashed in on the bailout. We must prevent the diverted directly or indirectly of bailout funds to bonuses and exorbitant compensation packages,” he said.

Congressman Kucinich, an opponent to the bailout, has been a leader in calling for stringent oversight on money spent through the bailout program. He asked for the leadership of the Full Committee to ensure that the resources necessary to investigate are available. The Subcommittee will remain a key part of the investigation.
Kucinich Continues Investigation of Bail-Out Bonuses

Yay Kucinich!

Let's keep these greedy scumbag bankers from using OUR tax money to enrich themselves.

And let's keep BUSHIE from givin' it to 'em, as part of the last of his "golden parachutes" that he's given to all his buddies.

Exxon, Halliburton, now the bankers.....

All the people that PLAYED ALONG to finance his little war.

What a SCUMBAG that guy is.

Really, People, I told you about that guy, right? I tried to warn you EIGHT YEARS AGO. And, I mean, I told you this guy was NO GOOD, and I meant it. And, you didn't take me seriously, and you didn't comprehend the seriousness of what "no good" really means -

So, now, here you have it. Well, the BLESSING (in disguise) that comes out all this, is that it has FORCED the Congress to re-engage its Checks and Balances.

On the other hand, let's see if Waxman's little investigation GOES ANYWHERE.

Waxman is not exactly a well-loved figure on Capitol Hill, especially among the Republicans.

So, let's hope he has enough clout to pull it off.

As of January 20th, he just may.

Hooray!!!

Unfortunately, there's this little window between now and then, through which all KINDS of our tax money could fall......

Yep. This one's worth keeping an eye on.