>mostly to save the financial and insurance organizations that have >so 
>ardently supported the Republicans for so many years.

Have you checked out the number of former financial industry big shots
that are now in the Obama administration, retard? Ever been to NYC and
witnessed the political affiliation of the wizards of Wall Street? You
are clueless.

On Sep 8, 11:49 am, Meadow <[email protected]> wrote:
> The constant stream of lies and false accusations aimed at President
> Obama by the Bush Republicans have turned the American political
> system into a travesty. The die-hard, extreme right-wing conservatives
> who believe this propoganda need to learn to seek the truth, not
> blindly support the leaders of the most corrupt political party in the
> history of this country.
>
> For starters, the current economic situation developed during the Bush
> Administration. Obama was handed the most difficult situation this
> country has experienced since the Great Depression. The greed and
> corruption of Bush and Company caused the financial collapse and their
> practice of Supply Side Economics swelled the National Debt to over
> $10 trillion. The cost of the ill-conceived Iraq and Afghanistan wars
> cost America $1 trillion.
>
> The bailouts were Bush's idea! He originally requested Congress to
> approve $1.6 trillion in bailouts, mostly to save the financial and
> insurance organizations that have so ardently supported the
> Republicans for so many years. And they have the audacity to accuse
> Obama of advocating socialism. He is actually supporting the people,
> instead of Big Business, like the Republicans.
>
> For example, here are some of the bailouts originally proposed by
> Bush:
>
>     Bear Stearns: $30 billion
>     Fannie Mae / Freddie Mac: $400 billion
>     Citigroup: $280 billion
>     American International Group (A.I.G.) $180 billion
>     Auto Industry: $25 billion
>     Troubled Asset Relief Program (TARP): $700 billion
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