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Quote by: ironeagle  On this bill Obama is making a huge mistake. |
I'm not ready to blame it on Obama just yet for this bailout, and the first one was before he was president.
But I AM placing the blame squarely on CONGRESS. They first caused the problem with their love affair with deregulation and compounded it with the bailout. Remember when Paulsen first proposed the bailout plan? He pretty much told Congress to give him $700 Billion dollars and then leave him alone to do whatever he wanted with it, with ZERO oversight or even any involvement.
Of course those thieves came back and told US they would insist on oversight (which is always a mixed blessing with Congress anyway), which they sort of forgot to include in the bill allowing Paulsen and the banks and brokers do whatever they wanted ANYWAY with at least the first half of the money.
And this is the fault, not of the people who GOT the money, as they by nature are greedy bastards and we already knew it, but BOTH the
Democrats and
Republicans in Congress!
The ONLY thing they know how to do is to throw our money at everything, and though it's the only thing they DO, they can't even get that ONE thing right.
And of course, the REAL fault lies with the idiot sheep in this country who are too damned stupid and/or obsessed with partisan bullshit to know what Congress is doing and only base their votes on the best TV ad they see at election time.
The same damnable, useless, brain dead morons who consistently give the Congress a horribly low approval rating, even lower than George W Bush's on his worst day, yet the drooling idiots keep electing the SAME PEOPLE every time.