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Tuesday, October 14

One Big Reason...

...why changing parties or administrations or majorities in Congress won't change jackshit.

Because these are the guys who are REALLY calling the shots:
(from EconomicPolicy.com)
"They Are Getting Ready To Divvy Up The Lucre: US Summons Only Super Elite Bankers To A Meeting"

"The Bush administration summoned executives from leading banks to a meeting in Washington Monday afternoon to work out details of the $700 billion plan.

"And, as they say in Chicago, "If you are not at the table, you are on the menu."

"For the record those expected at the table are:

"Goldman Sachs CEO Lloyd Blankfein, Morgan Stanley CEO John Mack, Citigroup CEO Vikram Pandit, JPMorgan Chase & Co. CEO Jamie Dimon, and Bank of America Corp. CEO Kenneth Lewis were all asked to attend. There was some speculation that Paulson might have expanded the invitation to at least three other CEOs from various regional banks, people said.

"The FDIC directly examines and supervises about 5,250 banks and savings banks, and Paulosn invites at most 8 bankers to discuss how to divvy up $700 billion?

"It was expected that whatever comes out of the meeting will be used to put the finishing touches on the plan," AP reported its sources as saying."



And a flip of the Blonde wig tresses to Kevin at Cryptogon.

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