Mikeoxenormous
Diamond Member
Back when Obama, assigned Joe Biden to distribute the 800 billion dollar stimulus package, needed because of Andrew Cuomo's sub prime mortgage fisaco, instead of going to areas that were in dire need, much of it went to bail out banks and unions. Of course these entities contributed heavily to the Obama campaign, so they got big rewards on the backs of the tax payers.
Bailout Tracker
So the rich got richer and poor got poorer under Obama.
Fast forward to today. The Computer Chips act, where billions of dollars were given, to rich people to make chips here in the US instead of overseas. So the companies on the NASDAQ are showing big time profits,(BIllions of our free tax dollars) and the stocks are soaring.
www.cnet.com
So the rich is getting richer and the poor staying poor under Biden/Harris.
Where is the outrage from you lefties who always say the rich should pay their fair share?
Bailout Tracker
Companies that failed to repay the government and resulted in a loss are shaded red. You can see a list of those investments here. All other investments either returned a profit to the government or might still be repaid. Recipients of aid through TARP’s housing programs (such as mortgage servicers and state housing orgs) received subsidies that were never intended to be repaid, so we don’t mark those as losses..
So the rich got richer and poor got poorer under Obama.
Fast forward to today. The Computer Chips act, where billions of dollars were given, to rich people to make chips here in the US instead of overseas. So the companies on the NASDAQ are showing big time profits,(BIllions of our free tax dollars) and the stocks are soaring.

Biden Sends $53B to US Chipmakers by Signing CHIPS Act Into Law
The White House credits the act for already spurring more than $44 billion in new manufacturing plans. But rebuilding the US semiconductor industry will take years.

Where is the outrage from you lefties who always say the rich should pay their fair share?