Saturday, August 22, 2009

Welcome to Virginia, 4th Largest Porkulus State Recipient

Congratulations Virginia you really "Porked'em". Step up to the trough and stick your piggy noses in it and enjoy! Thanks to our elected leaders you really know how to bring home the bacon.

Where does the bailout money really go?

The Atlantic reports that the bailout is massively concentrated in just a few states.

Total bailout funding, according to the ProPublica data, is $476.5 billion to date. One state, New York, has captured $175 billion of that, more than a third. Michigan is next with $80.7 billion or 17 percent of the total, followed by North Carolina with $56.3 billion, Virginia with $54.9 billion, and California with $34.4 billion.

The top three states accounted for 66 percent of bailout spending; the top five 84 percent; and the top two more than 10 percent.

Enjoy! After all its all Free Money! Isn't it?

Whatever happened to Transperency?

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