For Obama, the whole mess is not a time for national unity; it is, rather, great political fodder. This morning, in an effort to extract political gain from the situation, he issued a statement, which said in part:
“The fact that we have reached a point where the Federal Reserve felt it had to take this unprecedented step with the American Insurance Group is the final verdict on the failed economic philosophy of the last eight years.”
American Insurance Group? For $85 billion, Obama and his big government, tax and spend economic advisers apparently don’t fret too much over the details in an effort to make their partisan jabs. One wonders if that $85 billion United States Treasury check would even cash had Obama’s Treasury Secretary made it out incorrectly to one “American Insurance Group.”
After the glaring error was pointed out, the Obama campaign quietly issued a corrected statement. And to be fair, in the frantic nature of a presidential campaign, one should be forgiving to the inevitable misstatements that will occur when some of the world’s most aggressive journalists are following one’s every move through a taxing schedule that often includes up to half a dozen campaign appearances in multiple states in one day.
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AIG = American International Group.....LMFBOROTF.......