gipper
Diamond Member
- Jan 8, 2011
- 68,603
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L
BO believed capitalism should apply to the people and socialism to his wealthy donors on Wall Street. Good job!
Read this by a real progressive (unlike you a fake progressive).
Why Isn’t Wall Street in Jail? – Rolling Stone
Let’s see...billions to the big banks who caused the Great Recession, and peanuts to the American people who were harmed by the big banks. Amazingly you think this appropriate. Further evidence that the billionaire’s media can fool some of the people all the time.Utter and complete nonsense to say Obama did nothing for millions of Americans. He passed GSE reform to prevent another meltdown like the one occurring under Bush. He made a deal with Republicans to keep taxes at their current value (at that time) for 2 more years ... a deal which included extending unemployment benefits for people who lost their job who you claim he did nothing for. His massive spending helped prevent the economy from getting worse and even possibly slipping into a depression -- which was good for all Americans, even the ones you claim he didn't help. And had he not helped banks, the credit freeze that began under Bush would have prevented Americans from borrowing money to get back on their feet and would likely have led to a depression.I must say that is the first logical post you have made in awhile.Yes, like many people, I vote with my wallet. And Trump has done little for my wallet, though he has done some. Most of the economy kept growing after Obama left office. My 401K did great for Trump's first year but has done shit since other than what I and my company have put in. I give trump credit for two things ... 1) inheriting a strong economy and making it better ... and 2) not fucking it up.So..the only qualification for a good POTUS is if your 401k does well. Well my silly friend you should LOVE Trump, because he has done pretty well in that category.Billionaires are not making my opinion. If they did, I'd have a better opinion of Trump. What makes my opinion is watching Obama inherit the absolute worst economy in my lifetime and pass on a strong economy to his successor. My 401K quadrupled under Obama (much due to my own contributions). My salary increased 28% during his term. And while that was smaller (3% annualized) than normal, most came during the later years. And I couldn't complain too much since I was lucky not to lose my job while 8 million others lost theirs.I don't like Trump, but I am logically evaluating his job performance. You aren't. You allow the billionaire class to form you opinions. Why?
W was a worthless scumbag and a war criminal. I see Obama as just slightly better.
PS. the billionaires HATE Trump and love dupes like you.
Obama protected the big banks even though they fucked millions of Americans. He did nothing for the Americans who lost their homes and jobs during the Great Recession, but he sure did a lot for those who caused the Great Recession. For this he deserves our criticism. It proves he was a corporatist like Hillary. He made sure the banks got money for nothing from the Fed, then they lended it out at high rates to the American people.
The only part of your post that wasn't vacuous was your first sentence.
BO believed capitalism should apply to the people and socialism to his wealthy donors on Wall Street. Good job!
Read this by a real progressive (unlike you a fake progressive).
Why Isn’t Wall Street in Jail? – Rolling Stone