http://www.reuters.com/article/idUSTRE5B92U520091214
Obama to take bankers to task over lending, reforms
Barack Hussein Obama, the man who never jumps to conclusions when ill informed (unless there is a black man and a white man-and Barack Hussein Obama always takes the black man's side), is not jumping to conclusions when he gets ready to address the banking cartel for doing what legislation requires of them.
Keep in mind that the bailout / stimulus bill specifically included text stating that the bailed out firms could pay their regular bonuses.
Keep in mind that while Barack Hussein Obama lied to the public and claimed that the banks would start lending to small businesses and individuals, that was never written into the bailout / stimulus bill.
Keep in mind that having decided that these institutions were too big to fail, and keep in mind that there was no finding of wrong doing on the part of these institutions, then why should we expect these institutions to do anything other than what they have been doing already.
Keep in mind that the bailout / stimulus bill was so important, they couldn't bother with having any governmental oversight for any of the funds to be disbursed.
So is it any surprise that banks paid bonuses to executives and didn't use the money they received for lending?
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