JMeganSnow said:
mshcherbatskaya said:
JMeganSnow said:
mshcherbatskaya said:
They did pay for the big flashy party out of their own pockets.
That's nice to hear . . . sort of. Got a source for that?
ABC News. See my above post [http://www.escapistmagazine.com/forums/read/18.84624?page=3#1213001] with the quote and the link.
Does anyone else find it ironic that a large chunk of that money came from executives that were recipients of bailout funds?
It *is* your tax dollars at work--after they've been laundered by the gov't giving them away. Nice.
They paid for it out of their personal fortunes, not out of the bailout money, personal fortunes made BEFORE the bailout, for the most part. Now, am I outraged that they are allowed to keep their personal fortunes after running the banking system into the ground? Do I think these executives screwed the American public out of an insane amount of money? Yes. But to jump from the inauguration to their personal wealth to the bailout to your tax dollars simply doesn't work. Does it bug me that they can use their personal fortunes to buy access to the highest levels of power and thus influence policy by informal banquet lobbying? Yes. But it's still their personal money, not yours, that is paying for the party. And they aren't paying for the entire party either. You are talking about a handful of stockbrokers and bank executives. It's not like there wasn't anyone else tossing money into the pot.
You are acting like the Wall Street Bailout Boys we sponsoring the entire thing with actual bailout money, and it's demonstrably not true. If you have any questions, you can go online and find out who paid how much. If you are determined to be outraged at your tax dollars being spent in stupid ways, you can and should find more worthwhile targets. These are not the droids you are looking for. Move along.