Yo-Bamanomics
President-elect Barack Obama (a.k.a. “The One”) convened his economic team yesterday to discuss America’s rapidly-deteriorating economic climate and what his administration intends to do about it.
The game plan? More bailouts for bad decisions, apparently.
First, Obama wants a massive, multi-billion dollar bailout for state governments – which have grown by more than 40% over the last four years and are now dealing with the bitter fruit of that overspending.
No matter, just let the taxpayers pick up the tab for it …
A bailout is also on the horizon for the Big Three automakers in Detroit, which could result in over $50 billion of taxpayer money going directly into trust funds controlled by unions.
So while the bureaucrats and union bosses get well, American families and small businesses continue to face record unemployment and declining income levels.
Yo-bamanomics, indeed.
Oh, and “change we can believe in.”
Comments
By wondering on November 8th, 2008 at 12:35 pm
Why should I believe in God when we have Obama.
Bless me, o ye Wonderful One. Heal the planet, heal the people. And please do it by Thursday.
By Silence the Noise on November 9th, 2008 at 10:10 am
Obama is the most costly mistake America will have ever made. Its cool and all to elect a black guy…..but to elect someone simply because of race shows just how racist America is.
Lets vote on qualificationa people…..and electing a black terrorist who wants to spend this country into nonexistence aint the best start.
Colin Powell would be a good example of someone you can vote for simply because they are black….he knows how economics works.
By Art Patron on November 9th, 2008 at 11:37 am
Willie, that is a crappy picture. Will he have to get darker with every post you do on him so people will see he is ‘evil???????????!!!!???’
By Ben on November 11th, 2008 at 12:21 pm
How does anyone have enough information to determine that this is the most costly decision we’ve ever made? The most costly decision that it appears we’ve made thus far was electing W to be our president for the last 8 years. Obama has been president-elect for one week. The comments on this page are just an example of how republicans want democratics to fail just for political power, despite the effects on the country. Silence the Noise you suck monkey dick.