politicalbull

Well, Reagan’s “trickle down” theory has now been proven to be the “voodoo economics” that George Bush, Sr. said it was.  It doesn’t work. 

“We are on the verge of the second GREAT depression, if we don’t DO something NOW,” most of the members of Congress (on both sides of the political aisle) said, so they did.

The problem is that they’ve decided to apply the “trickle down” solution to solve the problem that “trickle down” created (with a little help from deregulation, also a Reagan policy) Don’t we (or they) ever learn?

The answer is, apparently, no. 

Do you know what one bank did as soon as they got word that they would partake of that bailout money?  They bought out a smaller bank, silly.

That’s right. 

PNC Bank, of Pittsburgh, has shelled out $5.6 BILLION dollars of the Cleveland based, National City Bank.  I have banked with NCB for over 20 years now and, needless to say, I am pissed. 

But here’s the question:

Do you think that this merger is going to create jobs, under the “trickle down” theory, or lose jobs for people?

Here’s an even better question:

Does PNC really CARE?

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