How bad does something have to fail before Obama will admit he made a mistake?
Or is there EVER a time when he will?
Take the House action today to shut down the failed TARP mortgage programs.
When the Obama administration created the program, it claimed that it would help between 500,000 and 1.5 million homeowners. Since it went into effect in September, however, the program has wasted millions of dollars on only 44 homeowners.
“This program is already allocated $50 million and has helped only 44 people. Do the math,” said Bachus during the floor debate.
OVER ONE MILLION PER HOMEOWNER IS A FAIL! Obama says that if the bill to shut it down passes the Senate, he will veto it. Mr. Obama...GET A CLUE!
sonofsam...if you were correct, it is pathetic to excuse bad behavior by pointing to other bad behavior. But you are not right. The Bush administration took a small recession and turned it into a thriving economy with unprecedented growth. When he started making mistakes was after the dems took over Congress and he started listening to them. By then, it was too late for HIM to realize that he screwed up, but Obama could EASILY have realized that the bailouts were a HUGE mistake and turned them around and stopped spending.