More Insanity

It must be nice to be “too big to fail.”

Like those global financial ignoramuses at Citigroup, who have already been given $45 billion in federal bailout money in addition to the government guaranteeing $306 billion of the firm’s, um, “troubled assets.”

But since none of that has worked, the feds are now on the verge of taking a 40% ownership stake in the firm … which of course will result in God knows how many additional billions of taxpayer dollars going down the drain.

Anyway, here’s a humorous take on the bailouts from Right.org …

Comments