So you think Democrats always support the little guy, and Republicans only support the fat cats? Wrong.
TARP, the bailout, QE1 and QE2 have been spent, but we suffered since none of this money got to a level that helped us. Wall Street received trillions, including $16 trillion in secret loans made to fat cats here and internationally, according to a Government Accountability Office audit of the Federal Reserve, reported by Sen. Bernie Sanders.
This was in addition to what we were told "saved" the "too big to fail" institutions. Couple this with the Dodd-Frank (Democratic) legislative abomination, with even fewer restrictions on the big banks (but a bureaucratic nightmare for smaller institutions, with dozens of new regulatory boards and thousands of new bureaucrats), and you might get a new perspective on whom the Democrats really are in bed with. It's not the little guy. The major financial institutions are bigger than ever, and the salaries and bonuses obscene. Fat cats party; the rest of us know we are still in a recession.
Wake up, America.
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I'm not letting the Republicans off the hook, but it's the Democrats who are destroying our nation. They're spending us into oblivion without a budget for 820 days and blocking the current proposal. It's hard to see excessive spending with nothing to match it to.
Fix the problem? Easy. Raise the debt ceiling. Keep spending. This isn't kicking the can down the road, it's an improvised explosive device. Cans don't explode. This problem will.
George C. McMurtry