Tuesday, February 3, 2009
I Love Irony
Today, members of Congress are outraged at how Wells Fargo, a recipient of TARP bailout money, was planning on spending money on an employee appreciation trip to Las Vegas. Barney Frank spoke out on the inappropriate spending by Wells Fargo. This of course is just days after the House Of Representatives, including Barney Frank, voted in favor of the largest spending bill in history ($800 billion). Americans are outraged at how easily Congress is willing to spend money, all in the name of stimulus, yet very little of this bill has anything to do with stimulating the economy. Members of both parties, mostly Democrats in this case, were throwing into this bill all kinds of fluff that could not be passed in previous attempts. Their arguments that these millions here and there were minor in the scope of the billions involved in the overall bill has fallen on deft ears in the public. The public understands, hopefully, what is going on here . . and they don't appreciate what these guys are trying to do. I love the irony of seeing these guys complaining about what a bank is doing, and here they are doing the exact same thing. The problem is that they don't get it. Kind of scary.
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