Bailouts Are Simply Political Paybacks and Handouts

Just like the truth about Obama and his Chicago connections is bound to come out any moment the truth comes out about what the companies with their hands out today were doing with their money right up to and during the conventions for both parties, which we might as well just merge together and call the Unites Socialist Party and then Once Obama's done go all the way and just call it The American Marxist union.

At least this beggar has the honesty to really tell his prospective donors what he wants to do with the money unlike our government and all their pals around the financial and business bailout world:

Bailed-out firms bankrolled conventions:

Report: "What were major corporations such as AIG, Ford, Citigroup and Freddie Mac doing in the weeks before they asked Washington for taxpayer-funded financial bailouts?

They were donating millions of dollars to underwrite the Democratic and Republican Party conventions.

According to a new report released today by the Center for Responsive Politics in conjunction with the Campaign Finance Institute, the companies were some of the largest sponsors of the political conventions that resulted in the nomination of Barack Obama and John McCain for president.

In the two years spent fundraising for the conventions, CFI claims the two parties only provided the names 'they elected to disclose. The institute announced today that the first official host committee reports have been released, and it now has a complete list of donors.

'The two convention host committees raised $118 million, virtually all of it in private funds: $61 million for the Democratic conclave in Denver and $57 million for the Republican one in Minneapolis-St. Paul,' it reveals. 'The latter figures are almost four times the separate $16 million each party received from the federal government to support its convention.'

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