"If you're headed for a cliff, you've got to change direction," Obama said. Republicans didn't get it then, they don't get it now.
This comes at the same time that a new government watchdog study says The Bush administration overpaid tens of billions of dollars for stocks and other assets in its massive bailout last year of Wall Street banks and financial institutions. The Congressional Oversight Panel, in a report released today, said last year's overpayments amounted to a taxpayer-financed US$78 billion subsidy of the firms.
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