Citigroup took over Merril Lynch. Citigroup didn't want to take the bailout money but were forced to by the government once it was found out how in debt Merril Lynch was. It's scary to think that the government is forcing their bailout money on businesses. Will Bank of America also be forced by the government to take the bailout money? So why is it that Citigroup didn't want to take the money? Because of all the government regulations tied to that money. You take the money, you are beholden to what Obama wants for this country. He is on the path to destruction of our businesses (large and small). He is squashing entrepreneurship, just another way to move from capitalism to socialism.
Obama claims he will cut our deficit in half within his first term in office yet doesn't say how he's going to do it. It just sounds good. Like all his speeches. It sounds good. He throws a little "preacher voice" in for good measure and the sheep gobble it up. Making the masses buy the load of what you know to be crap is just half the battle. Can someone tell me how you get out of a deficit by spending?! Is that how you get out of credit card debt? Charge more?