...The government said it was giving banks more money so they could make more loans. Dollars paid to shareholders don't serve that purpose, but Treasury officials say that suspending quarterly dividend payments would have deterred banks from participating in the voluntary program.
Critics, including economists and members of Congress, question why banks should get government money if they already have enough money to pay dividends -- or conversely, why banks that need government money are still spending so much on dividends.
"The whole purpose of the program is to increase lending and inject capital into Main Street. If the money is used for dividends, it defeats the purpose of the program," said Sen. Charles E. Schumer (D-N.Y.), who has called for the government to require a suspension of dividend payments...
Apparently half the bailout is going to shareholder dividends, 10% is going to CEO bonuses, and the rest is funding acquisitions.
There have been estimates the derivative bailout will eventually cost far more money than is currently in circulation, meaning at some point, hyperinflation is inevitable.
Is it any wonder Bu$hie's Ba$e is trying to take the money and run?
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