Money for nothing

The Bush Administration thinks you're stupid. You're so stupid, in fact, that you're going to give them $700 billion for nothing, and they and their corporate cronies will go on their merry way as if nothing happened.

Here's just one reason why everyone should be calling their members of Congress and voicing opposition to King Henry's magical bailout plan: his former firm will be receiving most of the benefit.

Goldman Sachs Group Inc. and Morgan Stanley may be among the biggest beneficiaries of the $700 billion U.S. plan to buy assets from financial companies while many banks see limited aid, according to Bank of America Corp.

Henry Paulson is the former Chairman and CEO of Goldman Sachs, the firm that stands to benefit most from his plan. That's par for the course under the culture of cronyism that has permeated Washington since George W. Bush became President.

Are you ok with that? I'm not. It's our money and they work for us.