Bush actually made money for us after he left

Before he left the White House, Bush did something big enough to make Obama win the election: Bail out Wall Street, not the Main Street. Yet, just like his unpopular War on Terror, Bush took the blame but at the end of the day, he is right on the money. Obama, on the other hand, has been spending taxpayer's money like water to bail out the non-bank industries and people who cannot afford to live in a house at the first place, has made America bankrupt and unsafe.

At a time when both parties are competing to crack down the hardest on Wall Street banks, it might come as a surprise to know that the Treasury has been making a tidy profit on most of the government's Wall Street rescue operations.

What few in Congress are disclosing is that the government's non-bank rescues have become the biggest drain on taxpayers, including the burgeoning bailouts of mortgage giants Fannie Mae and Freddie Mac, insurance giant American International Group, and Detroit's General Motors and Chrysler.

All but one of the megabanks that have raised populist ire — including Goldman Sachs, JP Morgan Chase and Bank of America — repaid the government bailout funds long ago, along with interest and dividends that made the deals profitable for the Treasury. Citigroup is the only major bank that has not repaid in full, though it has announced plans to do so.

While many smaller banks still have not repaid their government assistance, industry lobbyists say the much-maligned Bush's Troubled Asset Relief Program has proved to be mostly a big win for taxpayers and the economy.