this post was submitted on 29 Jan 2024
1013 points (87.4% liked)
Political Memes
5419 readers
3751 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Obama also almost cut social security, and only didn't because gop couldn't govern then
He also chose to bail out the banks instead of homeowners, and reneged on his pledge to reform bankruptcy laws to allow judges to lower mortgage payments. Instead we got HAMP, a failed attempt to bribe mortgage brokers into modifying loans. And he pushed all this through with a Democratic super majority.
There are things that I have to give him some credit on. For example, the concessions he got the auto-workers to take screwed them longer term, but they were necessary at the time and the bailout did save a lot of jobs. The UAW considered the deal a win. But I don't think the mortgage crisis would have been any different for home owners if Bush had still been in office.