Bush to Taxpayers: “I don’t need no stinking law to spend your money.”

December 20, 2008 by Mr. ToughMoneyLove  
Filed under Economics

This is all I am going to write about the rescue packages for GM and Chrysler (for the UAW and Cerberus actually) until these companies either file for bankruptcy (which is what should happen) or until they come back for more (which is what will happen).  Mr. ToughMoneyLove is quite upset about the lawless actions of our government.

Treasury Secretary Paulson finally found some eager to please and therefore negligent government lawyer to tell him that he and President Bush had the legal authority to send billions in TARP funds to GM and Chrysler. Read more