Which of these makes you more upset?? (considering all the politicians are currently posing for the cameras pretending they give a fk about fiscal responsibility)
1) The Senate raising the debt ceiling by AN ADDITIONAL $1.9 trillion. (New debt ceiling: $14 trillion……they already raised the debt ceiling to $12 trillion LAST YEAR)
http://news.yahoo.com/s/ap/20100128/ap_on_bi_ge/us_senate_debt_limit;_ylt=AgfbY9II1VcgDYwDVypHZYwGw_IE;_ylu=X3oDMTM5amQwZG05BGFzc2V0A2FwLzIwMTAwMTI4L3VzX3NlbmF0ZV9kZWJ0X2xpbWl0BGNjb2RlA21vc3Rwb3B1bGFyBGNwb3MDNARwb3MDNARzZWMDeW5fdG9wX3N0b3JpZXMEc2xrA3NlbmF0ZXBlcm1pdA–
2) Ben Bernanke (President of the Federal Reserve) DESPITE LOSING A FREEDOM OF INFORMATION REQUEST IN COURT is refusing to disclose who received over $2 trillion tax payer dollars.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a4PnUdySIink
3) The Obama WH (during the Christmas holiday) extended an UNLIMITED line of credit to Fannie Mae and Freddie Mac………oh and the CEOs got multi-million dollar bonuses for ’09. (It’s not like they lost billions of dollars……..oh wait……yes they did)
http://online.wsj.com/article/SB126168307200704747.html
http://www.huffingtonpost.com/2009/12/24/fannie-mae-and-freddie-ma_0_n_403413.html
The Bernanke part. I would love to disembowel him. But that really isnt the point. Why do we even have a federal reserve?
this is what happens when you elect a incompetent junior senator with a failed clinton administration practicing absolutism.people never learn.progressives suck the life out of countries much like parasites they consume their host.
Obama blamming the banks for bad loans when Fannie Mae and Freddie Mac caused the entire housing bubble and collapse.
And i laughed when he said he was going to create more bank responsibility though the bank act, yet he’s lowered interest rates to 0% while blowing $1.4 trillion dollars.
I’d say we’re f’ed. We elected an economic…moron because he was black.
I honeslty can’t pick which is worse, all 3 are terrible fiscal practices.
All three are outrageous. Note this raise on the debt ceiling comes right as Obama declares a cosmetic freeze on spending (showing exactly how much his words mean.)
However, the one I focus on is Bernanke’s lack of transparency because if we can show all the foreign bank deals he paid for through inflation of our dollar, that could easily change the corrupt system, due to public outcry.