Robert Reich’s Blog: Obama’s Second Biggest Test: Reforming Wall …
TARP is taxpayer money to bail out banks. Banks obtain free advertising from the President. Taxpayers apply for a reduced rate on their mortgage and get turned down. Chase and others collect $750 per application. Ten applications is $7500, …… All of a sudden Republicans are outraged that Obama has run up the national debt in an attempt to revive the economy that was left in shambles by Bush and provide decent health care insurance in a way that won’t add to the debt . …
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Robert Reich's Blog: Obama's Second Biggest Test: Reforming Wall …