Friday, January 9, 2009
That Original Bailout Keeps Changing
Remember that magical bailout.....the one for Wall Street? $700 billion. That figure ought to remind everyone WHICH bailout I am talking about. Well, seems like Team Obama's shifting gears for the second $350 billion handout...er, I mean, the other half of that bailout. Seems Wall Street won't be the only recipients. Towns, small businesses, homeowners, and consumers! WOW!! Seems like a great idea....but wait.....wasn't that money reserved for banking and the financial sector for loans and such? Then why move that money around? And Obama's economic genius wants to establish government ownership into businesses and firms that get these funds. Good times for all. Oh! And you know it'll be great when the super-genius Barney Frank's plans are matching Team Change's.