Originally Posted by
Guru
I am sick of this argument that it is all the consumers fault for all the bailouts. It's governments fault for creating all the "opportunities for these people to take advantage of a situation our kids, OUR KIDS, will have to pay for now. Am I upset with these idiot consumers? Hell yes I am. I am more pissed at our government leaders for forcing these financial institutions to take on loans they knew would get defaulted on.
I don't have all the numbers but the cash for clunkers was one of the biggest failures in that it cost more to implement than it saved for the long haul. Something to the tune of 44 million dollars. Yeah, I know, just a drop in the bucket right? We have millions of drops in the bucket though. How does that add up?
Was McCain worth a crap. No. Definitely not. But don't sit here and preach what a success Obama is. He hasn't done anything positive yet. Hell, he hasn't done anything except talk.