Jay Doesn't Understand Obama's Plan

And neither do I.

Here's Jay's 12 second take:


Jay Doesn't Understand Obama's Plan on 12seconds.tv

Sure, it's an oversimplification, but if loans are what got us into trouble in the first place, how are more loans going to fix things?

Seriously: Banks give loans to people who can't afford them and then pawn off the lawns to someone else who then gets screwed.

Obama wants us to give money to the same banks who will then, somehow miraculously NOT give money to people who will default on the loans?

Since the economy is hurting, a LOT of folks won't have good enough credit to get loans, so who are these loans going to be given to?

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