usmcgpw Wrote:
Nov 18, 2012 7:14 PM
I met a Tea Partier the other day and asked him, "didn't we socialize the American financial system while George Bush was president?" He answered with an emphatic, "NOT POSSIBLE!" I said, "Don't you remember when Hank Paulson said he needed $700 billion, 'quick and clean,' with no strings attached to spend as he saw fit?" I told him, "The first time Congress voted on the $700 billion bailout it failed and the DOW sank 800 points the next hour." The Tea-Partier thought that was funny. George Bush made a speech from the Oval Office later that week saying "We need $700 billion to recapitalize the American financial industry."