Monday, December 22, 2008


Further proof that I can't rationalize the logic that led Saxby Chambliss and Johnny Isakson to support the $700 billion bailout for Wall Street, but oppose the strictly regulated $14 billion bridge-loan program for the American auto industry.

Seems to me that if any private institution was receiving public money, they ought to be required to publically disclose how they're utilizing said money. If Athens-Clarke County is going to (rightfully) scrutinize how a pair of non-profits spend Community Development Block Grant funds, the federal government ought to be able to find out how banks are spending $700 billion of taxpayer money.


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