The Bailout Gift That Just Keeps On Giving

Abby Zimet

It turns out that 13 of the companies getting a gazillion dollars in bailout funds – $300 billion, actually – owe back taxes of over $220 million, a pesky detail they overlooked when asking us for all that money. Rep. John Lewis, chair of a House subcommiittee allegedly overseeing the bailout, called the revelation "shameful."

"We are going to get to the bottom of what is going on here," he said.


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Our guess? Corporate greed and malfeasance, lack of appropriate governmental oversight, unregulated capitalism run amuck and criminal incompetence all around.

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