First hanging chads and an election decided by a 5-4 vote of the Supreme Court. Then 9/11 and two wars with the cost kept off-budget so no one knew how much it was really costing. Then the real estate, banking, insurance, ponzi schemes, hedge fund and stock meltdowns. The push for the banking and AIG bailouts.
Then the first black and woman candidates for the Democratic primary. The first black president walks into chaos with no right answers.
While reading this I couldn't help but think that while Bernie Madoff's Ponzi scheme took his clients for billions of dollars, Obama's Bailout Scheme is taking the taxpayer for hundreds of billions of dollars. Oddly, the result for both sets of victims are the same; someone else gets their money. One man ends up in jail and the other is lauded as President. Strange world we live in.
In February, the president signed the historic $787 billion American
Recovery and Reinvestment Act, aka "the stimulus bill," with its promise
to jump-start our stalled economic engine and create/preserve 3.5
Shortly thereafter, former Nasdaq chairman Bernard Madoff, described by
Forbes as "a schlub and a Narcissist," seized the crown as king of the
Ponzi scheme when he pled guilty to 11 felony counts of bilking his
clients of billions of dollars.
Bernie's in the big house now -- and not the one in the Hamptons. (more in article)