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grimmie

The millionaire middlemen?

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So I'm watching all of this bail out talk on all of the news channels and start thinking...
1. How is the bail out money distributed to the corporations?
2. Who determines how much each corporation needs, and will receive.
3. Will the Federal Reserve, or Treasury dept. just write direct checks to AIG, Lehman etc?
4. What department of the goverment will track all of these and do the record keeping?

Which leads me to believe there will be companies acting as 'middle men" and make millions off of our taxpayers dollars consulting, distributing funds, managing the bail out, etc.
Because it doesn't seem like anyone in DC has it figured out.
Anyone have the answers?:S

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Which leads me to believe there will be companies acting as 'middle men" and make millions off of our taxpayers dollars consulting, distributing funds, managing the bail out, etc.



Those people are called "bureacrats." Here's how the government works:

Funds will be distributed to target company. You've gotta pay the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy to distrubte the money to the end user.

You've also gotta pay the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy to make sure that the funds go to the right place and under the rules.

Then you've gotta pay the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who audits these requests and then pay the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy to prepare the reports.

With this level of bureacracy, nothing can go wrong.


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So I'm watching all of this bail out talk on all of the news channels and start thinking...
1. How is the bail out money distributed to the corporations?
2. Who determines how much each corporation needs, and will receive.
3. Will the Federal Reserve, or Treasury dept. just write direct checks to AIG, Lehman etc?
4. What department of the goverment will track all of these and do the record keeping?

Which leads me to believe there will be companies acting as 'middle men" and make millions off of our taxpayers dollars consulting, distributing funds, managing the bail out, etc.
Because it doesn't seem like anyone in DC has it figured out.
Anyone have the answers?:S

Here is a start. http://www.independent.co.uk/news/business/news/fury-at-25bn-bonus-for-lehmans-new-york-staff-937560.html
I hold it true, whate'er befall;
I feel it, when I sorrow most;
'Tis better to have loved and lost
Than never to have loved at all.

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Which leads me to believe there will be companies acting as 'middle men" and make millions off of our taxpayers dollars consulting, distributing funds, managing the bail out, etc.



Those people are called "bureacrats." Here's how the government works:

Funds will be distributed to target company. You've gotta pay the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy to distrubte the money to the end user.

You've also gotta pay the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy to make sure that the funds go to the right place and under the rules.

Then you've gotta pay the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who audits these requests and then pay the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy who pays the guy to prepare the reports.

With this level of bureacracy, nothing can go wrong.



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:D

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Financial companies usually operate things based on percentages. What friend of GWB's is going to get the contract to oversee and disperse nearly a TRILLION dollars for a mere 5% fee?




Actually you could probably find a firm to do it for 1%, or 10 billion $. Just like contengency lawyers will work for 10% instead of 25% or 33% on huge cases, this amount is so high that if it were HONESTLY bid, you find a firm to do it for 10B.

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