According to David Espo, AP, President Obama said the following:
This historic step won't be the end of what we do to turn our economy
around, but rather the beginning. The problems that
led us into this crisis are deep and widespread, and our
response must be equal to the task.
Deep and widespread? I would say the problems that led us into the recession spread from Barney Frank's senate desk to Christopher Dodd's. Maybe with a via point at Senator Barack Obama's. Does the Obama forget how these democrats pushed Fannie Mae and Freddie Mac to guarantee bad mortgages? Does he forget the hundreds of thousands of dollars in campaign contributions he received from Fannie and Freddie? Does he forget the sweetheart mortgage rates Dodd was granted by Countrywide, and that Countrywide has already received big bailout bucks that all three of these phonies voted for?
The new era of openness, honesty, and transparency has begun. How come I feel like I am looking through frosted glass?