A couple of months ago Fox news reported that Mr. Obama’s most embarrassing moment was the Gulf Oil spill and how it was handled, but this is far worse. You know all those bailouts Obama gave to the banks and insurance companies, an un-Godly $309 billion Obama spent of the U.S. taxpayer’s money without even asking? Did you hear what happened? This is without a doubt the MOST embarrassing thing.
Bloomberg reported that the government, (the Obama administration) just earned $25.2 billion on those horrible bailout funds given to the banks everyone is so upset about. OMG that is a measley 8.2% return on investment back to the American public. According to Yalman Onaran and Alexis Leondis of Bloomberg, “That beat U.S. Treasuries, high yield savings accounts, money-market funds, and CD’s.” Only smart investing in the stock market or gold would have paid higher.
What could be worse? Making 9.2%.