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Friday, January 30, 2009

Obama’s New Bank Giveaway

How many families would like a "give-back" on every bad investment they’ve ever made? It’s like a parent coming to a child who has just broken a toy, saying "That’s all right. We’ll just go out and buy you a new one." This from the apostles of "responsibility" for poverty, for mortgage debtors owing more than they can afford to pay, for people who get sick and can’t afford medical care, and for states and cities now left high and dry by the fiscal wipe-out that the Bush-Obama "cleanup" has foisted onto the economy. No do-over for anyone but the hundred or so billionaires who have just been endowed with enough free money to become America’s ruling elite for the rest of the 21st century.

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