Tuesday, June 09, 2009

Newt Gingrich: please leave the Republican Party


The day Pres. Obama announced that ten banks will pay back $68 billion in loans, and on the same day he challenged Congress to adopt PayGo (pay as you go, basicially dont spend money you dont have, no deficit spending) New Gingrich declares Obama's economic plan "a failure." Great timing, Newt. That Newt presumes to be the voice of the republican party shows how rough the republicans have it. Pres Obama has repeatedly said he doesnt want the fed gov to run car companies, or banks, that the bailout loans are temporary, are intended to be paid back (maybe not in full, some companies, banks may fail). And now 10 banks have paid back their loans, just like Obama intended.

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