posted on May, 1 2010 @ 10:26 PM
While I don't think that Obama had anything to do with the bailout directly, I do agree that the bailout was under supicious circumstance and that
the money basically dissapeared.
Then again, there was never any money to begin with. We are so far in debt economically that the idea of a 700 Billion dollar bailout is no different
than me saying I want to give you a unicorn for your birthday.
We never gave money to any bank, we just gave them a hall pass that allowed them to go on a self funded shopping spree for their executives and blow
the rest on the black budget.
In either case they were looking to scare the public into a panic so that we would fund yet another increase in taxes and hard working families
incomes support of the rich and powerful.
I personally know a millionare, he owns his own hospice that takes care of old people, and while he is a great guy and only makes about 1.5 million a
year, he can't possibly spend all that money even if he wanted to. Maybe on a small scale for very expensive items like ferraris and houses in Paris,
but 700 billion dollars? Not one person is capable of spending that much money in their lifetime unless it didn't exist.
All they needed was a blank check, and we gave it to them. Was Obama conspiring to set us up? Doubtful.
Bush on the other hand is a whole other story and I'll let someone else take the lead on him.