11-05-2009, 07:17 AM
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Confirmed User
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Join Date: Apr 2003
Posts: 7,336
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http://www.globalresearch.ca/index.p...t=va&aid=12266
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The Mother of All Stimuli, sometime next week, 2009 - Already clocking in at over $1.34 trillion over ten years, Obama’s Trillion Dollar Debt Plan is Bushonomics on steroids. The bill is a straight forward attempt to permanently redistribute spending and power away from the private sector and toward government at the cost of trillions of dollars in tax dollars from our children.
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The Housing Bailout II, ???, 2009 - Could the Obama Administration really come to the American people asking for more deficit spending after a $1.34 trillion stimulus and a $??? trillion TARP Bailout? Yes they can! The New York Times reports: “And the final part, which Mr. Obama is not expected to announce for days, involves spending billions of dollars more to prevent home foreclosures, for fear that the displacement and anger created by throwing people out of their homes, and putting more properties onto a glutted market, will create a psychological and financial death spiral.”
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And the kicker.
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At Obama's request, Bush has agreed to ask Congress for the second $350 billion of the $700 billion financial bailout.
The move came shortly after Bush told reporters at this final scheduled news conference Monday morning that he would request the funds only if Obama asked — and that Obama hadn’t yet asked.
In a letter to congressional leaders, Obama’s team say that if given the funds, he’ll push to free up credit markets to provide more loans for small businesses and car buyers, do more to address the record number of home foreclosures nationwide and seek to limit executive pay for companies that receive bailout funds.
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The Doc, aren't you tired of getting owned?
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Greed is Good 
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