Why An A**Hole is Always in Charge.

Greg Palast, one of my favorite writers, is the co-author of Steal Back Your Vote, a comic book co-authored with Robert F. Kennedy Jr. Palast is also an investigative reports on BBC Television's Newsnight and in Rolling Stone Magazine.

Palast wrote the following article for SuicideGirls.com in which he expressed his outrage and dismay over former Merril Lynch head honcho John Thain, who was able to sell a worthless Merril Lynch to Bank of America for $50 Billion and then when Bank of America realized that Merril was in worst trouble than what they thought, Thain was able to wrestle another $20 Billion from the U.S Treasury to cover that loss.

As outrageous as that may sound it was nothing in comparison to Thain's audacity in spending $1 million refurbishing his office, which included spending $35,000 on a toilet and then demanding a $30 million bonus from Merril Lynch for his efforts.

Here is some of what Greg Palast had to say:

John Thain is the guy that looks like a Clark Kent doll you saw grinning from page one of your paper Friday morning. Thain was just fired by Bank of America because the square-jawed executive demanded a $30 million bonus after losing $5 billion in just three months at the bank's Merrill Lynch unit. In addition, Thain spent over a million dollars redecorating his office while, at the same time, the U.S. Treasury was bailing out his company with billions in aid. Thain's office re-do included the installation of a $35,000 toilet bowl.

Thain was robbed. He shouldn't have been fired; he should have gotten a $60 million bonus -- and Obama should immediately hire him as Secretary of the Treasury in place of that tax-dodging lightweight that's been nominated, Timothy Geithner.

Here's the facts, ma'am.

Thain was CEO of Merrill Lynch, the big brokerage firm. On a good day, Merrill is worth zero. A week before it was about to go out of business, Thain sold this busted bag of financial feces to Bank of America for $50 BILLION.

I'd say that's worth a bonus.

But it gets better. When the bag broke and another $5 billion in losses were discovered at Merrill, Thain went to the U.S. Treasury and got ANOTHER $20 BILLION to cover Bank of America's bad financial bet -- from us, the taxpayers.

Now that certainly deserves a bonus. And let's face it, a butthole that big needs a $35,000 toilet....

Finish reading what Greg had to say >>>Here