Stick Those TARP Funds Where The Sun Don't Shine

Now, I hate to keep putting up links but this story is a cracker.

Am I the only one who witnessed the political theatre that was the 'grilling' of the 8 Wall Street CEOs called before the US House Financial Services Committee last week, to think that the whole thing simply revealed what a bunch of idiots many US lawmakers actually are ? Most did not understand the issues, had no grasp of the financial markets or how business works, and just saw this as a wonderful opportunity to jump on the bank-bashing bankwagon in an effort to pander to an electorate which is, by and large, as ignorant as they are.

CEOs from Bank of America, Bank of New York, Citi, Goldman Sachs, JPMorgan Chase, Morgan Stanley, State Street and Wells Fargo were hauled up for a public flogging.....

And the story goes on - check out this clip of one grilling:



Just goes to show how inept our so-called leading politicians are....