Wednesday, April 22, 2009

Is This How It Works Obama?

"The top 10 recipients of the government's $700 billion financial bailout spent about $9.5 million on federal lobbying during the first three months of the year.

The biggest spender was bailed-out automaker General Motors Corp., which devoted $2.8 million to lobbying in the first quarter of 2009. It has received $13.4 billion in government loans and could get $5 billion more, according to a government report released Tuesday." [link]

Let me see if I understand this correctly? The government gives taxpayer money to organizations that have grossly mismanaged money and have not been able to earn a profit and are on the verge of going bankrupt. In return these same companies turn around and give some of the money to federal lobby's in order to secure even more money. Makes you wonder how much taxpayer money these scum have also contributed to scum in suits known as "Congressional Members"?