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Obama is perhaps the greatest hypocrite to fill the office.
He says these things - but he is by faaaaaaaaar the greatest friend to Wall Street than any President before him. In no other instance in modern history has the wealthy elite done so well. In no time in the history of Wall Street have they broke earnings records THREE times in such a short time.
The Wealthy are doing fantastic, corporations are literally rolling in profits like never before. The rest of us suck ass. And he stands there and says this shit.
And people applause.
And this is why this country is failing.
What the hell are you even talking about? Do you people even think before typing?
so it is a revelation for you that the big business, Wall street and all other big pockets THRIVE the most during the dimocrap administrations?
well, time to open the eyes and learn that corprate socialism or fascism is the dreamland of the leftists and dimocraps - which started it way back in the 40s and 50s
Wow, What a policy shift on your part, next time some free market true believer spouts off about the US needing more tax cuts, sweetheart deals and handouts to the rich maybe you can tell him he's full of shit? Not going to hold my breath.
OP- Spoken like a perfect chump of the greedy rich GOP...uNFORTUNATELY, LOUDMOUTH BRAINWASHED DINGBATS DON'T KNOW WHAT SOCIALISM IS, -THINK IT'S COMMUNISM- NOW JUST WELL REGULATED CAPITALISM WITH A GOOD SAFETY NET FOR WORKERS
OP- Spoken like a perfect chump of the greedy rich GOP...uNFORTUNATELY, LOUDMOUTH BRAINWASHED DINGBATS DON'T KNOW WHAT SOCIALISM IS, -THINK IT'S COMMUNISM- NOW JUST WELL REGULATED CAPITALISM WITH A GOOD SAFETY NET FOR WORKERS
Only if you are suicidal, enjoy slavery or parasitism.
.
and enjoying general misery and shortage of everything.
As always you guys are confusing communism and marxism with European socialism.
What the hell are you even talking about? Do you people even think before typing?
so it is a revelation for you that the big business, Wall street and all other big pockets THRIVE the most during the dimocrap administrations?
well, time to open the eyes and learn that corprate socialism or fascism is the dreamland of the leftists and dimocraps - which started it way back in the 40s and 50s
Wow, What a policy shift on your part, next time some free market true believer spouts off about the US needing more tax cuts, sweetheart deals and handouts to the rich maybe you can tell him he's full of shit? Not going to hold my breath.
Obama is perhaps the greatest hypocrite to fill the office.
He says these things - but he is by faaaaaaaaar the greatest friend to Wall Street than any President before him. In no other instance in modern history has the wealthy elite done so well. In no time in the history of Wall Street have they broke earnings records THREE times in such a short time.
The Wealthy are doing fantastic, corporations are literally rolling in profits like never before. The rest of us suck ass. And he stands there and says this shit.
And people applause.
And this is why this country is failing.
he's also been the most corrupted and into cronyism BIG TIME with our money
a total disgrace of a President who has no problem lying to the people to institute his Socialist visions
OScamCare is the perfect example...Yet 30 something percent still approve of him...scary
ty, Rush/Beck/Fox bots lol...
so it is a revelation for you that the big business, Wall street and all other big pockets THRIVE the most during the dimocrap administrations?
well, time to open the eyes and learn that corprate socialism or fascism is the dreamland of the leftists and dimocraps - which started it way back in the 40s and 50s
Wow, What a policy shift on your part, next time some free market true believer spouts off about the US needing more tax cuts, sweetheart deals and handouts to the rich maybe you can tell him he's full of shit? Not going to hold my breath.
link, liar
Sorry dude, only seriously deranged plutocrat ass kissers still buy the trickle down argument.
Only far left Obama Drones believe that the government is their God.
Are you some kind of robo-poster software running on some RW thinktank server? It's almost like you just randomly pick from a dozen pre-programed responses that address nothing specific about the post you are replying to. You are boring and lack even the most fundamental qualities that would separate you, a living human, from a buggy piece of software programed by the lowest bidder.
... Far left revisionism at it's best.
Revisionism? It's history. Look it up.
President Obama’s Kansas speech is a remarkable document. In calling for more government controls, more taxation, more collectivism, he has two paragraphs that give the show away. Take a look at them.
“there is a certain crowd in Washington who, for the last few decades, have said, let’s respond to this economic challenge with the same old tune. “The market will take care of everything,” they tell us. If we just cut more regulations and cut more taxes–especially for the wealthy–our economy will grow stronger. Sure, they say, there will be winners and losers. But if the winners do really well, then jobs and prosperity will eventually trickle down to everybody else. And, they argue, even if prosperity doesn’t trickle down, well, that’s the price of liberty.
Now, it’s a simple theory. And we have to admit, it’s one that speaks to our rugged individualism and our healthy skepticism of too much government. That’s in America’s DNA. And that theory fits well on a bumper sticker. (Laughter.) But here’s the problem: It doesn’t work. It has never worked. (Applause.) It didn’t work when it was tried in the decade before the Great Depression. It’s not what led to the incredible postwar booms of the ’50s and ’60s. And it didn’t work when we tried it during the last decade. (Applause.) I mean, understand, it’s not as if we haven’t tried this theory."
.
From the article:
Obama's Words:
there is a certain crowd in Washington who, for the last few decades, have said, lets respond to this economic challenge with the same old tune. The market will take care of everything, they tell us. If we just cut more regulations and cut more taxesespecially for the wealthyour economy will grow stronger. Sure, they say, there will be winners and losers. But if the winners do really well, then jobs and prosperity will eventually trickle down to everybody else. And, they argue, even if prosperity doesnt trickle down, well, thats the price of liberty.
Now, its a simple theory. And we have to admit, its one that speaks to our rugged individualism and our healthy skepticism of too much government. Thats in Americas DNA. And that theory fits well on a bumper sticker. (Laughter.) But heres the problem: It doesnt work. It has never worked. (Applause.) It didnt work when it was tried in the decade before the Great Depression. Its not what led to the incredible postwar booms of the 50s and 60s. And it didnt work when we tried it during the last decade. (Applause.) I mean, understand, its not as if we havent tried this theory."
Far left revisionism at it's best.
''87 billion a month dumped on the rich is free markets (under Obama)''
...because that's the only stimulus Pubs allow, brainwashed dingbat...
From the article:
Obama's Words:
there is a certain crowd in Washington who, for the last few decades, have said, lets respond to this economic challenge with the same old tune. The market will take care of everything, they tell us. If we just cut more regulations and cut more taxesespecially for the wealthyour economy will grow stronger. Sure, they say, there will be winners and losers. But if the winners do really well, then jobs and prosperity will eventually trickle down to everybody else. And, they argue, even if prosperity doesnt trickle down, well, thats the price of liberty.
Now, its a simple theory. And we have to admit, its one that speaks to our rugged individualism and our healthy skepticism of too much government. Thats in Americas DNA. And that theory fits well on a bumper sticker. (Laughter.) But heres the problem: It doesnt work. It has never worked. (Applause.) It didnt work when it was tried in the decade before the Great Depression. Its not what led to the incredible postwar booms of the 50s and 60s. And it didnt work when we tried it during the last decade. (Applause.) I mean, understand, its not as if we havent tried this theory."
Far left revisionism at it's best.
Sorry dude, only seriously deranged plutocrat ass kissers still buy the trickle down argument.
Voodoo wrecked and IS WRECKING the nonrich to the point where demand for products and services has dried up, along with their savings...before the corruption and cronyism housing and credit meltdown of 2008- while the rich have quadrupled their wealth...
Memorize the facts, hater dupes:
1. WORKERS past 63 years worker productivity has grown by 2.0% per year.But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):1950 = 101%1960 = 105%1970 = 105%1980 = 105% – Reagan1990 = 100%2000 = 96%2007 = 92%A 13% drop since 1980A 13% drop since 1980
2. THE TOP 10% GET A LARGER SHARE.Share of National Income going to Top 10%:1950 = 35%1960 = 34%1970 = 34%1980 = 34% – Reagan1990 = 40%2000 = 47%2007 = 50% TO MAKE UP FOR THE LOSS.Household Debt as percentage of GDP:1965 = 46%1970 = 45%1980 = 50% – Reagan1990 = 61%2000 = 69%2007 = 95% An increase of 16% since Reagan.
3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.The savings Rose up to Reagan and fell during and after.1950 = 6.0%1960 = 7.0%1970 = 8.5%1980 = 10.0% – Reagan1982 = 11.2% – Peak1990 = 7.0%2000 = 2.0%2006 = -1.1% (Negative = withdrawing from savings)
4. Household Debt as percentage of GDP:1965 = 46%1970 = 45%1980 = 50% – Reagan1990 = 61%2000 = 69%2007 = 95%A 45% increase after 1980.
5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.Gap Between the Share of Capital Income earned by the top 1%and the bottom 80%:1980 = 10%2003 = 56%A 5.6 times increase.
6. AND THE AMERICAN DREAM IS GONE.The Probabilityy of Moving Up from the Bottom 40% to the Top 40%:1945 = 12%1958 = 6%1990 = 3%2000 = 2%A 10% Decrease.
Links:1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt1 = https://www.clevelandfed.org/Researc...s/No7Nov04.pdf1 = Clipboard01.jpg (image)2 – Congratulations to Emmanuel Saez | The White House3 = http://www.demos.org/inequality/imag...ving_thumb.gif3 = http://www.bea.gov/national/nipaweb/...&LastYear=20104 = http://www.prudentbear.com/index.php...or-debt-of-gdp4 = FRB: Z.1 Release--Financial Accounts of the United States--June 6, 20135/6 = Wealth And Inequality In America - Business Insider
