As we all know, in a campaign speech on January 8, 2009, Obama purported that, "only government can provide the short-term boost necessary to lift us from a recession this deep and severe."  Obama is dead wrong.

Fact 1:  In February 2008, the Federal Government enacted into law the $168 billion Economic Stimulus Act of 2008.  However, this $168 billion failed to stop the impending financial crisis.

Fact 2:  In September 2008, the Federal Government bailed-out AIG with an $85 billion bailout package.  However, this $85 billion failed to stop the impending financial crisis.

Fact 3:  In October 2008, the Federal Government bailed-out banking institutions with an $850 billion bailout package.  However, this $850 billion failed to stop the impending financial crisis.

Unfortunately, Obama is trying to double-down with a $1.3 trillion bailout bet to save the US economy with even more government interference that will most likely fail to stop any impending financial crisis.  As with each preceding bailout attempt, this ridiculous bailout attempt will end with true taxpayers being responsible for irresponsible government overspending.  Truth be told, the fact is that Obama voters should be held responsible for Obama's Impending Economic Failure.