Do You Still Think That Obama Is Spending Us Into Oblivion?
June 13th, 2009JP Morgan, Goldman Sachs and many other banks are paying back the US Government the debt that they own, Billions of dollars are pouring back into the government coffers and offsetting some of the deficit that we all lament over.
Did Obama do the right thing to help the banks, now that they are paying back the debt with interest and helping to reduce the national budget deficit?
If so, why?
If not, why?
Only time will tell — I would be surprised if they get all the money back and will be really surprised if we end up with surplus — If we end up with surplus or even close I will think Obama is best president ever