Then the other day, Obama had a meeting with a bunch of CEO fatcats and told them, "Now, I'm strongly urging you to get back into predatory lending." I guess I'm paraphrasing, but I am paraphrasing very precisely. Even Jon Stewart almost gets the ridiculousness:
|The Daily Show With Jon Stewart||Mon - Thurs 11p / 10c|
|Clusterf#@k to the Poor House - Flight Delay|
That's right: Obama wants banks to start loaning money to people who look like "bad bets." That means that three years from now you're going to have another round of foreclosures unless you continue "assisting" people who find themselves in underwater mortgages. It also means that Obama is trying to inflate another housing bubble, this time right out in broad daylight.
Does anyone... ? I mean, are we gonna... ? Really? And also, although the banks are paying back the loans given them by the American taxpayer, the American taxpayer is not getting a rebate check... nope: for that money, the government is saying, "We'll just hold onto this for a while and see if we can't find something to spend it on." Oh, and the 800,000 doses of children's-potency H1N1 vaccine that were recalled yesterday were a reflection of how the government is going to be awesome at healthcare. Viva La Revolucion.