What is it when you give hundreds of billions of dollars to wealthy capitalists and corporations?

[bretsmith7876]

It is Socialism, and it's part of the plan. Why would wealthy, well-funded businesses need a bailout? You know those bonuses AIG just paid out with our money? They were sign-on bonuses, contractually mandated, used to lure on new executives who were specifically hired to buy up toxic mortgage-backed securities, at the behest of their new CEO, who himself had just transferred from Goldman, Sachs where he served under Hank Paulson, the former CEO, then Treasury Secretary. AIG also sent ALL of the money we gave them to foreign banks, including Barclay's Bank of England (who bought the corpse of Lehman Bros.), Deutche Bank (Germany's Central Bank), and Societe Generale of France. Guess who says they are looking into buying up the good parts of AIG should they collapse? Goldman, Sachs! We get to keep the yucky parts. Now THAT is how redistribution of wealth is DONE!