I got a chuckle from this rather factual satire. well, perhaps its not satire, perhaps its just news these days.
http://www.abc.net.au/news/video/2010/05/20/2905304.htm
Humorous but pretty well true.
So - do they print the bailout from thin air yet?
I guess this is where we all ignore the thefts of the economy over the last decades and allow them to print all they want so the system will keep hobbling along and the elite can keep what they have stolen.
Nobody has any money to pay the banks with because the banks stole all the money? Correct!
And where are they going to keep that bail-out money once they get it?
In the banks.
Correct!
CEO's and corporate elite have been ripping it off for years and years with impossible salaries and bonuses.
Investors think because the CEO is ripping off the giant salary they are worthy of investment as they obviously are making so much money. Investment money comes in - they pocket that too. Now the chickens come home to roost.... there is no more to steal.
The bailout comes in. They pocket that too. That's my take on it...... [waiting]