As Economy Unravels, Congress Gives Itself a Raise
The boobs in Washington have wrecked the economy for most of us, but not everyone is suffering. Congress is giving itself a pay raise:
A crumbling economy, more than 2 million constituents who have lost their jobs this year, and congressional demands of CEOs to work for free did not convince lawmakers to freeze their own pay.
Instead, they will get a $4,700 pay increase, amounting to an additional $2.5 million that taxpayers will spend on congressional salaries…
The raise must be a reward for setting off the financial crisis by winking at the irresponsible government-sponsored entities Freddie and Fannie in return for massive bribes — I mean, campaign contributions.