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When an Insufferable Blowhard Runs Out of Money This is What it Looks Like

jeeper97 Wrote: Aug 10, 2012 2:49 PM
Can't the Obama voters see that all the bailouts went to banks, corporations and unions... Not a dime to the poor! The banks have been able to double down on foreclosures while many middle class folks joined the ranks of poverty. Unions are surviving while their members are getting hit hard and favored corporations are still getting handouts.
Reginald10 Wrote: Aug 10, 2012 4:57 PM
The bank "bailouts" were mostly to prevent them foreclosing on loans (mortgages) htat they really shouldn't have made anyway.

Let me set the scene for you: Rising oil and gas prices, rising equity prices and falling housing prices. Storm signals start winking on the global economic front after a month of a braggadocious presidential tour telling us all that finally the economy has got it right; that it’s on its way to recovery.

Where have I seen this film before? Oh yeah: February 2010, 2011, 2012.

In his State of the Union address of January 2011 and 2012, Obama was bragging about his economic accomplishments.

“We are poised for progress,” he told Congress in 2011. “Two years after...

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