Tom of the North gives us the first yearly State of the (Cardboard) Box address.
During his State of the Union Address to Congress tonight, President Barack ObamaÂ informed us that he absolutely hated the bank bailouts. He knows that I hated them. He knows that you hated them. He knows of a couple people in Washington who hated them. He knows a guy in Indy that didnâ€™t like them tooÂ much.Â And there was a lady he met somewhereâ€¦..she wasnâ€™t too thrilled either.
In order to create a financial system that wonâ€™t destroy the Economy, the President proposes giving money to, um, banks. Not those banks. He wants to give money to other banks. He wasnâ€™t real explicit which banks though. ButÂ he has $30 billion in repaid TARP Funds burning a hole in his pocket and apparentlyÂ the President thinksÂ that this is the way to go.
The President is clearly getting us back on the right track. Already able to point at several thousand jobs created through his dynamic initiatives, President Obama will no doubt have the other 16 million unemployed or underemployed back in harness in no time.