Daily PUMA Column - Commentary by Alessandro Machi
Tuesday, May 26, 2009
Huffington Post AGAIN takes a Swipe at Wall Street, Bankers, and Barack Obama's Bailout Stimulus Package.
Sorry Arianna, you can't undo last year's election, and you can't change Barack Obama's mind. Anybody who abdicates their power to Barack Obama becomes an ally of Barack Obama, even if they are about to crash and burn whatever it is they do for a living.
Labels:
Andy Kroll,
Arianna Huffington,
bailout,
Barack Obama,
Stimulus Package
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1 comment:
I wrote this article over seven years ago. Even though
Barack Obama came out with the Credit Card Reform Act of 2009, People in debt were still not allowed to restructure their debts without first being declared in default. If Obama had just addressed this one issue, the automatic default issue, it would have made a world of difference for tens of millions of americans while barely, and I mean barely. hurting the investors who owned the debt.
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