Our “progressive” president goes backward — to the same policy that caused the current recession.
In an interview with ABC News, President Obama once again proved to be one of the best spinners in Washington, D.C. The United States, he said, will go “bankrupt” if his multi-trillion dollar health care plan America cannot afford, isn’t passed by Congress.
I know what you’re thinking: “that doesn’t make sense. If we’re already terribly [...]
Report: Bernanke, Paulson misled on bailouts
Monday, October 5, 2009
Federal Reserve Chairman Ben S. Bernanke and former Treasury Secretary Henry M. Paulson Jr. misled the public about the financial weakness of Bank of America and other early recipients of the government’s $700 billion Wall Street bailout, creating “unrealistic expectations” about the companies and damaging the [...]