10-20-2008, 03:07 AM
So, citizens who need help with their mortgages will owe 50% of the home's value to the government even after the mortgage has been paid off and they can't explore other finance options after going for one of those loans.
Yet, to address the same problem, the treasury gave $25 billion to a corporation -- Bank of America -- and the only strings attached were that cash compensation to their CEO (currently receiving $25 million in various benefits, but not much of that in cash) can't exceed $500,000.
That's incredibly offensive.
Who in congress voted for that bill?
Yet, to address the same problem, the treasury gave $25 billion to a corporation -- Bank of America -- and the only strings attached were that cash compensation to their CEO (currently receiving $25 million in various benefits, but not much of that in cash) can't exceed $500,000.
That's incredibly offensive.
Who in congress voted for that bill?