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    Self-described “MAGA leftist” Batya Ungar-Sargon confidently declared on Thursday night that President Barack Obama’s “first act in office” was passing the $700 billion Troubled Asset Relief Program that bailed out financial institutions during the height of the 2008 financial crisis.

    Ungar-Sargon would double down on that claim the following morning, tweeting that “in 2008, President Obama bailed out Wall Street and screwed over Main Street” while defending Donald Trump’s tariffs, insisting that “in 2024” the current president “screwed over Wall Street to bail out Main Street.”

    There is just one small problem with The Free Press columnist’s analysis: TARP was signed into law by then-President George W. Bush on October 3, 2008 — a full month before Obama was elected president and four months before he entered the White House.

    During an appearance on CNN Newsnight with Abby Philip, Ungar-Sargon — who has been making the media rounds to passionately defend Trump’s chaotic tariffs that have sparked a global market meltdown — attempted to contrast the factors that led to the Great Recession to the current economic environment……..







     
    Self-described “MAGA leftist” Batya Ungar-Sargon confidently declared on Thursday night that President Barack Obama’s “first act in office” was passing the $700 billion Troubled Asset Relief Program that bailed out financial institutions during the height of the 2008 financial crisis.

    Ungar-Sargon would double down on that claim the following morning, tweeting that “in 2008, President Obama bailed out Wall Street and screwed over Main Street” while defending Donald Trump’s tariffs, insisting that “in 2024” the current president “screwed over Wall Street to bail out Main Street.”

    There is just one small problem with The Free Press columnist’s analysis: TARP was signed into law by then-President George W. Bush on October 3, 2008 — a full month before Obama was elected president and four months before he entered the White House.

    During an appearance on CNN Newsnight with Abby Philip, Ungar-Sargon — who has been making the media rounds to passionately defend Trump’s chaotic tariffs that have sparked a global market meltdown — attempted to contrast the factors that led to the Great Recession to the current economic environment……..









    Yeah, anyone paying attention to the economic meltdown in 07-09 knows Bush signed TARP. That's pretty basic stuff.
     

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