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Comment Re:Hell yes I can blame them. (Score 4, Informative) 347

While taxpayer funds are being used in the "bailout", this is not free money. There are a few strings attached related to executive compensation and raising dividend rates on common stock. And also, it is not free money. The bailout is closer to being a loan than a gift. (Actually the bailout is the government purchases preferred stock at a specified price that pays a nice interest rate - 5% initially but this later raises to 9%.) I personally disagree with Government intervention in the market, but the bailout has been misrepresented in the press. It is not free money and the taxpayers are not out 700 Billion dollars.

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