"What luck for the rulers that men do not think." -Adolf Hitler
"I will bring this war to an end in 2009. So don’t be confused." -- Senator Barack Obama

"If you don't like Obama, you is a racist!" -- Kelonda

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"If the government robs Peter to pay Paul, he can count on the continued support of Paul.

Monday, December 14, 2009

Detroit News: Obama's policies risk another Depression

"Inexplicably after Congress passed it -- almost like a bait and switch -- TARP was directed at banks rather than troubled assets. A little more than a year later, TARP Inspector Neil Barofsky reports that AIG's $1.5 trillion in credit fault swaps did not, after all, pose systemic risk. So if we were misled about the TARP bailout, it seems appropriate to question other aspects of government intervention since unemployment, foreclosures and bank failures have risen."

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