Wachovia Broke, Loans Repubs $8mm

Per Roll Call:


"The National Republican Congressional Committee, trailing its Democratic counterpart considerably in cash on hand, has secured an $8 million loan to spend on House races during the last few weeks of the campaign, according to sources.
The NRCC reported $14.4 million in cash on hand as of Aug. 31, compared to $54 million in the bank for the Democratic Congressional Campaign Committee. As it did last cycle, the NRCC is procuring its loan from Wachovia Bank, sources confirmed."

Your tax money, in the form of FDIC insurance, is the only string holding up Wachovia and making them viable for a Wells-Fargo merger.

This bullsh*t has got to end with some top corporate folks going to jail, and refunding us EVERY CENT they made in salary and bonus.

The motto of the US taxpayer this year needs to be, "You want a loan, a bailout? Then we own your ass."

-Prodigal Son