Worked at home today because there's a threat of snow. The rest of the country would laugh at Seattle and our fear of flurries, but it's a safer place if I'm not on the road in snow. I have to be in the 'burbs for our annual holiday gingerbread house decorating party, so I got here while the driving was easy.
Anyway, my DH listens to CNBC all day long, so some of it penetrated even though I'm pretty good at blocking out sounds when I'm working. The discussion today about the car company bailouts really touched me. After giving a hundred billion dollars to bail out the financial companies without so much as a request as to how they were going to spend the money, the feds are requesting that the UAW take a cut in pay before they'll even offer a bridge loan to keep America working.
So, if you're a big mucky-muck in a failed financial house, you can get a grant from the feds to give yourself a bonus, but if you're a working guy making cars on the line at GM, you have to work for less to even have a job.
How do those Republicans even sleep at night with the inequity they continue to defend?
Today was also the day that one of the biggest market makers was arrested for a 50 billion dollar ponzi scam he's been running. And his business was regulated. Huh? Yeah, financial leaders are ever so trustworthy...NOT.
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