This is just wrong..... in so many ways....

Reuters has a quick blurb HERE that says some of the banks who were given taxpayer money will be ALLOWED to repay that money. Huh? Wasn't this TARP boondogle supposed to be an emergency measure to bolster the banks, and then once they were on their feet, weren't they SUPPOSED to repay us? What is this nonsense about being ALLOWED to repay the debt?

This is a stark example of the Obama Administration's true intention: socialization. They always intended to subjugate the banking and automobile industries, right from the beginning. Critics on the right, and notably absent from the misguided-left-leaning media, intoned this all along. We should have been listening.

We, the People, expect the government to act according to it's word. That being when they forced this TARP and Bailout baloney down our throats, they said this would be an interim effort to get these businesses back on their feet.

There's a huge problem though. Take GM for instance. The Obama Administration has placed two of their own people in positions of power within GM and overseeing the car business in general. They've gifted the unions with ownership (taken from stockholders value by the way) and in addition have funded GM with over $50 billion of your hard earned tax dollars.

They told us that they had to put that $50B into GM to keep it functioning and avoid bankruptcy. They spent the money (plus another $15billion to GMAC a division of GM) and STILL went bankrupt! What happened to the money????? Where'd it go???

I'm still waiting for the legal challenges to begin, because I cannot find anywhere in the founding documents from which this government gets it's authority, for it to own anything, or nationalize private buisnesses. There's a very severe constitutional issue at heart here, and if the Constitution is no longer in play, then this government is no longer legal.

Now what?