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and we sure punished those executives for it. Funny how no one seems to have "punished" AIG executives for that spa retreat, we just expressed some quickly forgotten shock. And it was really important the banks get that money, so credit would free up. But if they just want to keep it, or buy other banks with it (as a Pittsburgh bank is in the process of doing with a Cleveland bank), hey, who are we to put restrictions on them?
It's been pretty clear from the beginning it was all about putting the thumb to the workers. And not just the current ones, but those damned retirees. Yes, chapter 11 - that would allow us to cut off all their pensions and health insurance, ha ha.
Obviously the whole economy needs to "restructure," and one would hope become less dependent on debt and consumerism. But refusing to give what is, in comparison, a small amount to these companies, (who have, along with their workers, made consessions) is taking a sledge hammer to people's lives. And to the communities they live in.
