Quote:
Originally Posted by aim
If you're implying that Obama is going to fix the mess that we're in, you're living in some sort of fantasy world.
This isn't a republicrat issue. Blaming the economic downfall of the nations largest financial institutions on any one particular person or political party doesn't work.
Everyone is to blame for this mess: the consumers for taking out loans they couldn't afford; the mortgage companies for underwriting these loans; and the fanny mae's and freddie mac's for buying this debt.
This 'bailout' is complete bullshit and is only adding to the facade that America is a prosperous nation... we bailed out companies that failed with money that doesn't exist. How much crazier does it get? The money does not fucking exist. It's not there. We're already 9.5 trillion in debt; let's just add another 1.1... Who's counting?
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How can you say the current administration isn't to blame for this and then quote national debt figures in the same post?