It was supposed to prevent a situation. Remember hearing that not doing so would destroy the job market etc... That money went right in to corporate pockets as did Bush era corporate tax cuts...
Those corporate tax cuts and the bailout were sold to the American public as being the best measure for creating jobs... And stabilizing the economy... Remember?
But just the opposite has occurred. Net job losses in all sectors... The 'job creators' failed to keep their end of the promise / bargain. But, corporate profits are WAY up...
So how does Obama react to these facts? Less jobs, broken promises... Record corporate profits... He allows the tax breaks to remain in place... rewarding those who reneged!
By all appearances, the American tax payer was bought, sold and lied to (again!)...
Though no one is talking about it... Well, at the very least, the corporate owned media is not allowing it to be a topic...
We (tax payers) got put in the ring with a professional fighter... a one-two combo punch puts us on the mat...
And the only question being asked is 'Why are you just laying there?'
I'm having a hard time wrapping my head around that...
It may be somewhat of a resignation, because the only candidate I find interesting is Ron Paul. I don't care for his 'religious' based opinions, but I do like his concepts on foreign and domestic policies, and economics... And he gives a rats ass for lobbyists and special interest groups.
Since it was ultimately lobbyists and special interest groups that that authored our current fiance regulations, created the agendas responsible for the Bush era tax cuts and the bailout... It seems fair to say those elected officials who supported these huge (corporate grab of tax payer monies) failure should be held accountable...
Especially since the corporations who made it happen will never see a jail cell...
</rant>