A few smart manipulative americans took advantage of a multitude of gullible ones.
It made them rich and made the poor ones feel rich for a bit and then the repo man came, but only to the poor ones homes.
Then the Bubble burst.
Obama came into office and was briefed..
We have a bunch of rich people with power and connections who don’t want the money they made in this past cycle to be taken away from them cause that would be socialist, and just to prove their power, they mobilized unemployed dumb voting americans to their cause –read teabaggers.
So now Mr. President do you want to side with the dumb asses? Maybe not.
But if u let things be.. corporations will fail and the US financial system will crumble and the one’s who were duped of all their money will lose everything, will be put on the streets and you will go down in history as the president who ruined the US.
So we need to prop up the companies and pay for them over the years (time heals all wounds) with the taxes of those same individuals who were duped over the years.
But don’t raise the taxes on the rich who gained from the bubble cause they can mobilize the unemployed “true blooded americans” to rally for their cause.
Remember they are smarter, Such is life Mr. President!!
You could argue about the chronology of the events, but that’s the beauty of keeping it under wraps till the new president came into office.
This begs the question who or what is the vehicle that forwards the agenda of these manipulative fatcats!
It’s Fox which is responsible for misinforming and mobilizing these gullible americans towards the cause of its owners and their friends (read billionaires)
Cause if it truly was a grass roots movement. Wouldn’t it have been NPR mobilizing the masses.
And since when did an australian owned company (FOX) gain more credibility in the heartland of America than perhaps CNN or MSNBC?
These people are really dumb and ignorance/stupidity has always been exploited by mankind.