The Obama administration is bailing out not only the working poor, but a whole gaggle of interests that have bought their way to your money (American readers, that is). Check out Tim's post The Latest Transfer of Cash to the Rich and prepare to have your stomach turned, as he puts it. There is definitely a mentality that it is all back stopped... and rigged to the hilt. A can't lose situation for anyone who is able to ignore the laws of sound economics, which is basically 95% of market participants now, I would figure.
Here are just a few welfare recipients (courtesy OpenSecrets.org) and the relative chump change they put into lobbying this administration and the disaster of an administration that came before it. 2007 and 2008 were banner years for targeted lobbying efforts, and boy did they get bang for the (your) buck!
