How the Banksters Made a Complete Killing off the Bailout

By Pam Martens, CounterPunch
Posted on October 21, 2008, Printed on October 21, 2008
http://www.alternet.org/story/103836/

In 1897, when 8-year old Virginia O'Hanlon posed her Santa Claus query to the New York Sun, she received a heart-warming editorial response reassuring her that "He exists as certainly as love and generosity and devotion exist."

Today, we hand our 8 year olds a $13 trillion national debt while our Congress hands Wall Street banksters the national purse without so much as a hearing to determine the cause of the debt collapse. Worse still, the money is doled out to the very same individuals who leveraged their institutions to casino status.