Mama Bin Cranky

Screaming on the Inside

Democratic National Committee’s Sweetheart Loan

Posted by madjillmom on October 27, 2010

The Democratic National Committee has received a loan from the Bank of America with no real collateral.  I can’t get a loan, you probably would have to have some serious collateral for a loan, and the people who want to buy your house can’t get a loan.  But somehow, the DNC can run short of money and get a humongous line of credit.  Read this article from Pajamas Media to get the low down on what happens when you’re really special like the DNC.  Makes me see RED.  If you are a Bank of America shareholder, get ready to bend over.

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