Saturday, September 18, 2010

Post Racial President?

Thus, to meet numbers forced on them by the Obama administration, General Motors and Chrysler were forced to shutter other, potentially more viable, dealerships. The livelihood of potentially tens of thousands of families was thus eliminated simply because their dealerships were not minority- or woman-owned.
As has been widely reported, the Inspector General's study skewered the Obama Gang for strong-arming the companies into closing 2,000 dealerships, costing an estimated 100,000 people their jobs during a recession.

Barofsky is critical of how both the Bush and Obama administrations have handled the financial crisis thus far. In a report from October, 2009, he said that former Treasury Secretary, Henry Paulson, allocated TARP funds to nine banks that were “healthy”. Barofsky told Bloomberg Magazine, “There’s a reason there are Tea Partiers out there, and when you look at it, anger at the bailout is one of the first things they talk about.” He added, “This Treasury Department and the previous Treasury Department bear some of the responsibility for not being straightforward with the American people.”

Did the media outlets change the narrative on those Americans critical of the American Government spending?
Enhanced by Zemanta