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2023-11-26 19:38:57
The Emergency Economic Stabilization Act of 2008, popularly known as the "Wall Street bailout," was signed into law by then-President George W. Bush on October 3, 2008. Barack Obama was inaugurated as the 44th President of the United States on January 20, 2009. [Link] [Link]
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2023-11-27 00:04:07
NNN. While it is true that Bush also bailed out Wall Street the poster has clarified that bailout is not what he’s referring to.
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2023-11-27 03:20:01
NNN. Obama, as a then-senator and presidential candidate, supported the Emergency Economic Stabilization Act of 2008 and TARP. [Link] [Link] As president, Obama also supported other policies in response to 2008 that financially benefited the rich, e.g. quantitative easing. [Link]
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