Treasury to tap Wall Street Contractors

If having a former Goldman Sachs banker, Neel Kashkari, oversee the $700 Billion USD bail-out plan wasn't bad enough, now it appears that Hank Paulson, Sec. of the Treasury, is going to hire Wall Street money managers as contractors to hand out the $700 Billion USD bail-out plan funds! The firms likely to be tapped include:

Legg Mason, Pimco, BlackRock and MKP Capital Management

Now just Google these firms, and you see that they are some of the firms that are going to sell their toxic paper back to the US Government. What a conflict of interest, you say? But wait, the Treasury Dept is going to also issue guidelines on how to handle these potential conflicts of interest (COI). That is so comforting that they already know there will be COI will exist and need to issue guidelines to deal with them. What a government we have, eh?

This is beyond incredulous! The man who used to head Goldman Sachs, Paulson, now Treasury Secretary, is hiring former Goldman Sachs cronies, Neel Kashkari, and Wall Street money managers as contractors to control the funds of the bail-out bill! If this wasn't the truth, it would the setting for a great suspense novel.

US Taxpayers: you are being sold down the road with roses and wine and those that did it to the taxpayers are those that are going to get a 2nd chance at screwing them again under the same crisis. This will go down in history as the largest double rape of the US taxpayer ever invented.

The only silver lining is that the greed and incompetence of these people is finally going to kill the golden goose and it will not happen again since the US will not be in a position to offer this kind of financial resources for the raping.

Totally unbelievable, folks, totally unbelievable, and you are paying for this with your hard earned taxes that you worked for by getting up every morning and working at a job that you hate. Think about that!