Mr. President: We Want OUR Money Back!

Mr. President: We Want OUR Money Back!: "On January 15 of this year, President Obama resorted to populist baiting of banks in order to divert public attention from his monumental failings on the economy, terrorism, soaring deficits, Iran’s march toward nuclear viability, the quagmire in the Middle East crisis, the war in Afghanistan and darn near every effort in which he became involved.

As reported, in part, at blogs.telegraph.com:

‘We want our money back,’ Barack Obama has told US banks, announcing a levy on large financial institutions to help repay the notorious bailout he imposed last year. Oh, do “we”? And who gave away the taxpayers’ money in the first place, Mr. President?

This pretended identification with Joe on Main Street is a favourite ploy of dodgy politicos with their backs to the wall – Wall Street, in this case, which is imminently expected to announce bonuses beyond the dreams of avarice, hence Obama’s nervous anxiety to be seen to be “doing something”. If Obama wants to see the taxpayers’ money repaid, that will take some doing, since the Tarp bailout cost America $700bn."