Posts Tagged ‘finance’

Time for Another Tea Party

Friday, February 20th, 2009

CNBC’s Rick Santelli said that Obama’s bailout plan is promoting “bad behavior” and correctly pointed out the American people do not support foreclosure bailouts. He even called for a “Chicago Tea Party,” since our elected officials clearly aren’t representing us.

 

CNBC did a poll and 90% of the 63,000 Americans surveyed said they agree: they don’t like Obama’s plan.

Politicians are not representing their constituents anymore; they are representing the lobbyists and special interest groups that keep them in power.

 

Even the high school students Obama visited this week realize his plan is a bad idea:

“The spending bill he just passed is just progressing the Democratic agenda rather than addressing the economic issues in the country.” said senior Maaike Albach.

“This puts us more into debt,” said Daudfar, 18. “It’s a horrible situation we’re in.”

“I think it’s cool he’s here,” said Miller, 18. “I just don’t believe all the things he’s telling us.”

Good Work, Tim!

Tuesday, February 10th, 2009

Treasury Secretary Timothy Geithner unveiled his financial sector rescue plan today… Immediately afterward, stocks plummeted across the board - down almost 500 points in all today.

To investors, the incompetence of this man is obvious. They want to know why “critical details of the plan remained unanswered, despite the weeks of planning leading up to Tuesday’s announcement.”

Geithner’s best response is, “We are not going to put out the details, until we get it right.” What does that even mean? Blind trial and error, without even telling the American people what the government is up to?

Geithner also said they will “try things we’ve never tried before. We will make mistakes. We will go through periods in which things get worse…” That sounds exactly like something Wall Street likes to hear.

Again, you can probably guess who we have to thank for this pinhead appointment. What was Obama thinking? This guy is one of the reasons we are in the crisis we now face. He’s a total moron. He even cheated on his taxes, and now he’s in charge of the IRS! He’s employed an illegal immigrant. He’s a crooked thief like all of Obama’s other friends.