If We Give Citi the Bailout, Make Sure to Call Them at Dinner Asking When They Can Repay

Monday, November 24, 2008
Todd Epp in Economy

I don't think Citi should get billions for a bailout.  I'm tired of what I thought were capitalists having their losses socialized while just plain folks get kicked out of their jobs and homes and get no help.

But if we--yes we, the taxpayers--are expected to bailout (I mean loan) Citi $25 billion or so, I think the U.S. Treasury Department should call all the Citi executives at their dinner times every day and ask them when they plan to pay the money back until they do pay it back.

Heck, that's what Citi does. We have a whole slew of folks here in Sioux Falls that do that for a living with the poor saps stuck with 25% interest on their credit cards and accruing charges of all sorts.

Seems only fair to me.

Article originally appeared on S.D. Watch (http://thunewatch.squarespace.com/).