On March 18, 2009 during a town hall meeting in Costa Mesa, California Barack Obama feigned surprise over the AIG executive bonuses. Yet as the story below reveals, his administration, together with Democratic leaders in Congress, made sure his 2009 $787 billion stimulus bill covered the very bonuses that supposedly offended him. While $165 million represents only about 1/2,000,000th of Obama’s stimulus measures, it nevertheless reveals the President’s dishonesty and symbolizes the economic waste inflicted upon the Nation by him.
The Nation is targeted to be more than $16 trillion in debt by the November 2012 presidential election. No one knows the true cost of Obama’s “stimulus” but it’s more than $3 trillion. As part of his unprecedented 2009 Wall Street bailout, Obama released $173 billion in “financial-rescue funds” to AIG alone, $165 million of which went to executive bonuses – funds he never tried to recover. Obama’s ironic sellout to Big Business in 2009 was the largest tax dollar scandal in American history. DEFEAT OBAIG© makes his betrayal of the public trust the central issue of the 2012 presidential election. It confronts crony capitalism. It identifies Obama as the enemy of free enterprise and acknowledges that four more years of his leadership will doom the Nation.
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