World Economists Confirm America's Decline Under Obama

[Matrixx8]

One could fault Clinton as much as Bush for banking deregulation, but not Obama.

Partisans on high horses always have their feet far from the ground.

If this movie is your proof Obama is to blame.

"Part V: Where We Are Now

Tens of thousands of U.S. factory workers were laid off. The new Obama administration’s financial reforms have been weak, and there was no significant proposed regulation of the practices of ratings agencies, lobbyists, and executive compensation. Geithner became Treasury Secretary. Feldstein, Tyson and Summers were all top economic advisors to Obama. Bernanke was reappointed Fed Chair. European nations have imposed strict regulations on bank compensation, but the U.S. has resisted them."

The point of the documentary, if you've seen it, is that Obama hired many of the very people who worked for Bush or otherwise were proponents of the unregulated system under which U.S. financial services operated. When the facts became clear, Obama got rid of most of these people, including Sommers and Geithner.

But the real point is that Obama did not cause the recession.

The debate now is about how best to get the economy going again without crushing the poorest members of society. As you no doubt realize, there are different prescriptions for this -- some of which are based on historical evidence; others, on ideological belief.

 

[naturegirl]

One could fault Clinton as much as Bush for banking deregulation, but not Obama.

Partisans on high horses always have their feet far from the ground.

If this movie is your proof Obama is to blame.

"Part V: Where We Are Now

Tens of thousands of U.S. factory workers were laid off. The new Obama administration’s financial reforms have been weak, and there was no significant proposed regulation of the practices of ratings agencies, lobbyists, and executive compensation. Geithner became Treasury Secretary. Feldstein, Tyson and Summers were all top economic advisors to Obama. Bernanke was reappointed Fed Chair. European nations have imposed strict regulations on bank compensation, but the U.S. has resisted them."

The point of the documentary, if you've seen it, is that Obama hired many of the very people who worked for Bush or otherwise were proponents of the unregulated system under which U.S. financial services operated. When the facts became clear, Obama got rid of most of these people, including Sommers and Geithner.

But the real point is that Obama did not cause the recession.

The debate now is about how best to get the economy going again without crushing the poorest members of society. As you no doubt realize, there are different prescriptions for this -- some of which are based on historical evidence; others, on ideological belief.

Ummm, Geithner is still there, still lying and stealing. Obama didn't get rid of him, though he should have long ago.

 

[Matrixx8]

Ummm, Geithner is still there, still lying and stealing. Obama didn't get rid of him, though he should have long ago.

Mea culpa.

 

[Listening]

Are we still declining ?

 

[francoHFW]

And we'll keep getting worse as long as we have trickle down, pander to the rich, Pub tax policy, dingbats...

 

[Listening]

And we'll keep getting worse as long as we have trickle down, pander to the rich, Pub tax policy, dingbats...

Ruh Ro....

Sounds like poor leadership to me.

Suck on it Franco...and thanks for giving us Obummer.