Govt's Phony Optimism Doomed Us All!
Wait a second! The government last year told us we needed to bail out banks and then, after we did, insisted the nation had done the right thing. But that was just a lie and did more harm than good.
A new Treasury Department watchdog group's report says that all the cheeriness and fabricated positivity surrounding the bailout only raised false expectations and ended up further harming the economy:
By stating expressly that the 'healthy' institutions would be able to increase overall lending, Treasury may have created unrealistic expectations about the institutions' condition and their ability to increase lending.
See, America? Never trust the government. It's full of liars who want to flush your hard earned money. Also, don't even dream that we'll get out of this mess, because we're irreparably fucked and should just give up now.