Lie Du Jour: "No More Taxpayer Bailouts"
Barack Obama: "No more taxpayer funded bailouts of Wall Street Institutions"
Reuters: "Increased housing
commitments swelled U.S. taxpayers' total support for the
financial system by $700 billion in the past year to around
$3.7 trillion, a government watchdog said on Wednesday."
We are happy to know that the government's support of bankrupt Fannie and Freddie ends today, as per Obama's promise to the entire nation.
End the lies now!
As for the truth, the full SigTarp report can be found here.