It’s sick math–and it’s probably even worse than how I depicted it in this cartoon. No matter how you crunch the numbers, there is no way anyone can justify the bank bailout as anything other than a massive transfer of wealth from taxpayers to greedy corporations.
The Asterisk President
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Fairly self-explanatory, but this is something I’ve been trying to convey about Obama for some time. He has perfect Bush’s art of getting the big headline and then amending it into nothingness later when nobody is paying attention. Remember Bush’s signing statements? Obama doesn’t need them–he does the same thing without them.