Bailouts, Bonuses, Obama, Oh My!
Bailouts, Bonuses, Obama, Oh My!
We’re off to see Obama,
the wonderful wizard Barack.
Why did we bailout the banks and then bailout AIG which in turn paid it’s debts to the banks? Why didn’t we just let AIG fail? We should have, because the banks are backed by the FDIC. Why did banks take TARP when it had the FDIC? Then again, this in itself may be nationalization. If I only had a brain, I might know the answer to these questions. Don’t get me wrong, I’m not a government/business wizard.
I think Obama’s a smart man, but smart only in scamming the populace into accepting Socialism. Not so much running a country. Now he wants to have to power to take over a company like AIG that is “to big to fail” so we don’t have to worry about bailouts again.
When Toto took a dump behind the curtains, we found the man behind them working the levers and buttons of Socialism. Let’s not get duped with the smoke and mirrors. It’s time to leave Oz, wake up, and get back to Kansas.
