This fucking moron, this goddamned rich silver spoon blue-blood third cousin to ex-Prime Minister Blair, has decided to add a loophole, as always. The following excerpt is from the AP News story by AMIT R. PALEY. I will BOLD the most pertinent info.
...at the last minute, the Bush administration insisted on a one-sentence change to the provision, congressional aides said. The change stipulated that the penalty would apply only to firms that received bailout funds by selling troubled assets to the government in an auction, which was the way the Treasury Department had said it planned to use the money.
Now, however, the small change looks more like a giant loophole, according to lawmakers and legal experts. In a reversal, the Bush administration has not used auctions for any of the $335 billion committed so far from the rescue package, nor does it plan to use them in the future. Lawmakers and legal experts say the change has effectively repealed the only enforcement mechanism in the law dealing with lavish pay for top executives.
"The flimsy executive-compensation restrictions in the original bill are now all but gone," said Sen. Charles Grassley, R-Iowa, ranking member of the Senate Finance Committee.
You read that shit? Not only were the executive compensation restrictions "flimsy" to begin with (There was not any stated method in the bill by which the bonus and pay of these corporation's executives could be monitored), but even that has been cut out. so nearly 1/3 of as BILLION dollars has been committed to be given to corrupt financial companies, but now we are guaranteed that some of that tax money (OUR money) will go to feed the ridiculously over-inflated bonuses and salaries of the very same people that are driving their businesses, and with them our entire economy, into the biggest shit sewer in a century. This is fucking horrible.
The Treasury is a fucking ten dollar syphilitic whore sucking on the President's shrivelled old alkie-cock, and no one seems to give a flying FUCK.
Maybe we should all step into the rankest dog shit we can find and hurl our shoes at the Preznit, that fucking whore.