"New York Times columnist Andrew Ross Sorkin spotted this license plate in Greenwich, Conn. It traces to a vice chairman at TARP beneficiary Morgan Stanley."
This pisses me off to no end. I hope it is a hoax but given the tremendous greed and selfishness of the finance industry (that I, myself work in) and of wealthy Americans in general, I would not at all be surprised that this is for real.
I keep asking myself why did we need to bail out these banks? Why didn't they force the "too big to fail" banks to auction off pieces of their operations to smaller banks until they were no longer too big to fail? The big banks in this country are bigger than ever after gobbling up the failures like Bear Stearns, Lehman Brothers, Merril Lynch, Wachovia and Countrywide. Did you know that Goldman Sachs is going to pay their employees $14 billion in bonuses this year? If they were going to be this profitable, why did we sell them back those warrants we bought from them through the TARP? Warren Buffet didn't sell back his. And so on...
But I know the answer to these questions - ...Corruption. Plain and simple. Just remember this license plate in a few years when our jobless recovery turns into massive inflation that erodes your savings and makes mortgages totally unaffordable.