Quote:
Originally Posted by Vendzilla
I look at both as a bunch of money the government decided to waste, at least the Bailout was paid back some of it
|
Just don't forget that Obama's bailout is producing a profit for the government.
http://money.cnn.com/2011/03/30/news...gram/index.htm
Quote:
|
The bank bailout -- part of the Troubled Asset Relief Program -- is now $6 billion in the black, a profit that might ultimately rise to $20 billion, according to the Treasury.
|
And don't forget that we thought the auto industry was going to collapse but most
have paid back all the money they got in the bailout.
So it's not like Obama spent the money and it went away.
He spent the money and got it all back!
People were too busy bitching about birth certificates to pay attention to what
was really happening.
Bottom line : If the bailout failed it doesn't matter since we got all the money back.
If it worked then jobs and companies were saved. That's a "win win".
I know you have the anti-Obama thing going; but look at the numbers and think
about the truth/facts of what has happened since he was elected.
People who shouted that the bailout would make America broke should shout again
that we made a profit instead. But they want.