MONEY IN THE BANK?

Is it any surprise that one week AFTER the election, Treasury Secretary Henry Paulson (is it just me or does this guy look like the perverbial used car salesman?) announced that the rules have changed regarding the ever-growing bank bailout? Suddenly, instead of buying up troubled mortgage assets, we are giving billions and billions of OUR hard earned cash to banks with no strings attached and thusfar, no oversight of any kind. They are not required to divulge to anyone exactly how they are using OUR hard-earned money. Yes, its OUR hard-earned money.......remember, its all taxpayer dollars. CBS News contacted 9 of the biggest recipient banks and asked them what was up and they all responded that they don't have to reveal how they use OUR hard earned cashola. hmmmm...... Whether or not they are required to tell is one thing....but, if it was all on the up and up, wouldn't they want to tell? The banks told CBS that it doesn't matter how they use OUR hard-earned money, just the mere fact that they received it boosts confidence in the economy. This coming from the same banking institutions that got us into this mess in the first place by means of dishonesty and greed. I know I feel more confident. And I can tell by the way the market took another stinky dump yesterday, that everyone else is as confident as I am.