Bailout Bill Was Bribe Reward

The INCEST is GAGGING, readers!

No wonder there is NO CHANGE!!

The MONEY MANAGERS OWN BOTH PARTIES!!!!!!!!

"Before handouts, big firms bankrolled conventions" by Pete Yost, Associated Press Writer | December 10, 2008

WASHINGTON --Financial giants now being bailed out by the government spent millions underwriting the Democratic and Republican conventions last summer, just weeks before coming to Washington begging for multibillion-dollar handouts.

The big donors included AIG, Ford Motor Co., Citigroup, Goldman Sachs and Freddie Mac....

Among the corporate contributors:

--American International Group Inc. gave $1.5 million, split down the middle between the Democratic convention in Denver and the Republican convention in Minneapolis-St. Paul. The government now is providing AIG a $150 billion financial-rescue package.

--Citigroup, receiving tens of billions in bailout funds, spent $600,000, including $250,000 for the Democratic convention.

--Goldman Sachs, the recipient of $10 billion in bailout money, spent $505,000 on the political conventions, including $255,000 for the Republican gathering.

--Bank of America is receiving $15 billion in bailout funds and its newest acquisition, Merrill Lynch & Co., is getting $10 billion. Bank of America spent $100,000 on the Democratic convention, none on the Republican.

Check out those RETURNS, 'eh?

The corporate donors also include Freddie Mac, the financially stricken mortgage housing giant which the government took over in September along with its sister company, Fannie Mae. Freddie Mac gave $250,000 to each convention. The company is asking for an injection of $13.8 billion in government aid after posting a huge quarterly loss.

So even as they were GOING BROKE and BANKRUPT, they STILL HAD MILLIONS to shell out to BUY POLITICIANS and GREASE PALMS for KICKBACKS!!!!

Wall Street hedge fund operators got into the act as well. The GOP convention got $2 million from Raymond Dalio of Bridgewater Associates. The Democratic convention received $500,000 from James Chanos of Kynikos Associates.

The individual donors included billionaire Kirk Kerkorian, whose fortune has been stung by the plight of Ford Motor Co. and an economic downturn that has damaged his other investments. Kerkorian gave $2 million to help underwrite the Republican convention and $1.5 million for the Democratic convention. He gave the money through a foundation that he controls.

Ford spent $200,000 on the conventions, divided evenly. Ford could benefit from the proposed auto industry bailout being worked out in Washington. Ford wants a $9 billion standby line of credit in case a competitor fails....

Now you know why I think the auto-makers should go sit and spin!

Among the biggest convention contributors, two retailers and a telecom company split their donations while giving mostly to the GOP: Target spent $3 million on the Republican convention, $400,000 on the Democratic; Qwest spent $2.9 million to support Republicans, $841,000 for the Democrats, and Best Buy gave $2.3 million to the Republican convention, $299,000 to support the Democrats.

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