Quote:
Originally Posted by Mrpopo
It was getting bad and then Barack totally fu**ed it up
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The economy had already imploded before Obama was even elected. Remember TARP? The $700 Billion fund hastily authorized to prevent the destruction of the entire banking industry? It was signed into law on Oct 3, 2008, a month before Obama was even elected. People were already fearing another Great Depression by the time TARP was enacted.
The only thing Obama (or any president at that point) could do is try to manage the aftershocks of the banking failure.
04-04-2012, 01:24 PM
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