Sunday, December 06, 2009

Is This Change?

Treasury Sec. Tim Geithner has funneled repaid bailout through AIG to pay Goldman Sach's naked credit default swaps. Repaid bailout money was suppose to be given to community banks to loan out to small businesses.

The President increased the Defense Department budget by 4 percent.

The White House has been against Sen. Chris Dodd's attempts to reform the Federal Reserve. The current administration desperately wants to protect the status quo of the financial and insurance sectors that caused the recession.

So must for "change." I know we are in a economic crisi but it would be nice if Obama pretended to care about spending. Actual caring is another matter.

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