Yeap it was about the only thing he could have done other than just sit and watch the results of what their policy did to the country distroy the American way of life.
They of course put in no restrictions on the corps taking they money like they should have though.
This country could have made MONEY off what the banks did to us.
The Paulson team just wanted to stop the bleeding NOT help the American people
2 points.
1: The policies Bush did that destroyed the markets are still in place under Obama and the Dem congress he had.
name them liar.
2: Why do you keep telling everyone Obama and Dems saved us from a depression when you admit it was Bush's policies that stopped the US from going into a depression? (I don't think anyone saved us from a depression, they made things worse for a longer time, just like FDR we will have to go another 9 years until we stop spending?)
stimulus instead of austerity like europe did
Last point, we never left the recession
these words have defintions and you dont get to pretend they dont, we are NOT in a recession by defintion of the very word as spending is not the answer. Bush was bad but Obama kept every bad Bush policy in place and expanded of many as well. In the end int makes no sense to claim Republican policy hurt the economy then claim that same Republican policy saved it under Obama. If we look at nothing but policy, not bullshit words but the actual policy there is almost no difference between Bush/Reps and Obama/Dems. Even when you claim Bush did a piss poor job with regulating who the money went too, well Obama played a big part in TARP and his Stimulus suffered the exact same problem, who the money went to.
How is it possible to blame Reps but not Dems when you cant show a single meaningful policy difference between the two?