Bailout Money going to investor dividends

It doesn’t get any sweeter than this baby!

U.S. banks getting more than $163 billion from the Treasury Department for new lending are on pace to pay more than half of that sum to their shareholders, with government permission, over the next three years.

Now read this next paragraph real closely and tell me what the problem is…

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.

I’m so tired of this BS man. So tired of it.