Obama: Send $30 Billion In Big Bank Bailout Money To Community Lenders For Small Business

Chicago Sun-Times:

President Obama devoted the biggest portion of his first State of the Union address on Wednesday night to various aspects of job creation. While I appreciate Obama's aspirational and inspirational speeches -- in Cairo on Islamic relations and in Oslo on waging war, to name two standouts -- I welcome some nitty-gritty coming from the president.

Read the whole story: Chicago Sun-Times

Comments

[T4]

12:02 PM on 01/28/2010

Is this a briliant idea or what!!! Tim and Ben give them $200+ billion for a still unidentified reason with no strings attached and they give themselves over $100 billion of that money in bonuses for their success in making secret agreements with their buddies. They then freeze crdeit and they cause the collapse of the american economy. and with theprofi tthey make off the back end of the destruction - foreclosures, credit card, etc. they pick up more debt to pay the govt back . We take the money we used to kick yourselves and give it to the other bankers to help us out again. Whta a great idea! That's the reason I voted for this guy - Obamaonomics is wonderful.