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Wednesday, March 18, 2009

Democrats Finally Waking Up to the Ongoing Looting of the Economy

Just as a certain percentage of republicans refused to admit that rotten things were happening under the Bush administration, many democrats have fought to defend the Obama administration against charges of mishandling the response to the economic crisis.

President Obama is facing growing liberal anger over his handling of the economy, with prominent voices on the left voicing concerns that taxpayer-funded bailouts are enriching corporate America while doing little to right the nation's economic ship....

Several prominent Democrats are pointing out that Obama aides were more than willing to press auto workers to renegotiate contracts as a condition of bailouts for car companies -- but are now citing the sanctity of contracts in AIG bonuses, saying they can't be canceled.

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