The National REPUBLICAN Congressional Committee has received $8 MILLION from Wachovia Bank.
Credit crunch? Unsecured loans impossible to find?
Chris Bowers at OpenLeft writes that,
in the short term, this is effectively an $8 million donation to the NRCC from Wachovia at a time when Wachovia is supposedly in dire straits, about to be bought out by other banks, and will receive money from the government via the bailout.
The Bush administration is about to start handing out taxpayer cash for bad debts, and suddenly the NRCC gets $8 million from Wachovia. Come on. How blatant can it be?
Repugs and their Masters don't give a shit how blatant it is. They're beyond accountability. IOKIYAR. Grrr...
Update:
LATimes
As ailing Wachovia Corp. waits to see whether it will be acquired by Wells Fargo & Co. or Citigroup Inc. -- possibly with taxpayers paying the tab for hundreds of billions of dollars in bad loans -- some of the company's top brokers are preparing to depart Saturday for an all-expenses-paid cruise of the Greek Isles.
Son. Of. A. Bitch.
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