The Real Cost of the Bailout
By Dave Hitt on Oct 5, 2008 in Cigars, Politics
A friend just sent me two boxes of cigars and a link to this article. The cigars were Comachos and Hoyo de Monterrey Excaliburs. He also included a limited edition CAO thrown in for good measure. The article breaks down the likely real cost of the bailout. It includes multi-billion dollar handouts to private companies including Bear Stearns, JP Morgan and AIG. It also includes over a hundred and fifty billion dollars of pork thrown in for good measure.
The bill not only hands out pork to just about everyone (except, of course, American taxpayers), it also extends expansions on federal snooping, especially by the IRS.
It’s incredibly infuriating. Good thing I’ve got some cigars to relax me.
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