Friday, March 16

Obama doesn't always mind rewarding irresponsible lenders and borrowers

Obama didn't exactly say "tax dollars shouldn't be used to reward the very irresponsible lenders and borrowers who helped...Solyandra". In fact,
President Obama himself told a Nevada town hall in February 2010 that “tax dollars shouldn't be used to reward the very irresponsible lenders and borrowers who helped bring about the housing crisis.”  At least that was Obama’s position until this month, when he announced a plan that would expand HAMP to include the real-estate speculators that helped inflate the housing bubble. 

Chu’s Performance Review: Way Below Expectations

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