The Attorney General of North Carolina is calling Bank of America onto the carpet for paying out bonuses while it is receiving bailout funds from the government. Read about it here at Reuters. [link]
This is the whole reason I oppose Socialism with every fibre of my being. No sooner has government money been doled out, than it is now lining the pockets of corrupt cronies.
Now that we see how the bank bailout has been wasted, my question is this: since we know that medicare is a cash sinkhole, and the bank bailout is a crony festival, what makes people thing that socialized medicine is going to be any better?