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A just-released study by the Center for Responsive Politics shows that President Obama is relying more on Wall Street to fund his re-election this year than he did in 2008, according to CNBC, which obtained an advance copy of the report.
The report says that one-third of the money Obama's elite fund-raising corps has raised on behalf of his re-election has come from the financial sector.
Please stop doing this "the rich get richer and the poor get poorer". This will always be true because the rich know finance and the poor know TV. Just ask yourself how much time do you spend on personal finance. Probably a lot less than what you spend on the TV and internet. If you make and loss your own money, I don't see why it is a problem the the rich get richer.
The problem here is government. Government honestly don't care who they direct the money too, as long as they are the one who benefit from it. and increase in power. If not because of the government, we would not have too big to fail garbage.
If not because of the government, here is what would have changed:
AIG - GONE
GM & Chrysler - Gone (probably we have more efficient cars on the road now)
CITI, BOA - GONE
JPMC - Probably gone too
Goldman - still trying to recover their lost
GE - Gone or take forever to offset their loss in their GE finances.
Please stop doing this "the rich get richer and the poor get poorer". This will always be true because the rich know finance and the poor know TV. Just ask yourself how much time do you spend on personal finance. Probably a lot less than what you spend on the TV and internet. If you make and loss your own money, I don't see why it is a problem the the rich get richer.
The problem here is government. Government honestly don't care who they direct the money too, as long as they are the one who benefit from it. and increase in power. If not because of the government, we would not have too big to fail garbage.
If not because of the government, here is what would have changed: AIG - GONE GM & Chrysler - Gone (probably we have more efficient cars on the road now) CITI, BOA - GONE JPMC - Probably gone too Goldman - still trying to recover their lost GE - Gone or take forever to offset their loss in their GE finances.
No, it looks to me like a recipe for displacing badly run, outdated, bureaucratic organizations that can no longer compete in the market thus allowing younger, more efficient and innovative companies the opportunity to rise up and take their place.
If we had let bad companies with bad assets go bankrupt naturally, all the bad blood in the economy would have already been liquidated and this recession would be nothing but a blip in the recent past by now. You can thank BUSH and OBAMA for keeping the bad companies propped up and the economy down.
No, it looks to me like a recipe for displacing badly run, outdated, bureaucratic organizations that can no longer compete in the market thus allowing younger, more efficient and innovative companies the opportunity to rise up and take their place.
If we had let bad companies with bad assets go bankrupt naturally, all the bad blood in the economy would have already been liquidated and this recession would be nothing but a blip in the recent past by now. You can thank BUSH and OBAMA for keeping the bad companies propped up and the economy down.
Really? First, we're not in a recession anymore. Please provide data that we are. Your post basically shows that you don't even know what a recession is. That's rather pathetic given that I learned what it meant in 8th grade.
How about you grow a set and explain how losing millions of jobs during the Great Recession would have ended the economic problems we have now. I mean, use real data and logic and put away the childish anger and emotion. Use your adult words.
Why is it that people who don't have a clue of what they're talking about always have such strong, poorly thought out opinions.
Quote:
The rich get richer & the poor get poorer. The middle class is non-existent.
...and the people who didn't bother studying in grade school don't know the difference between the word course and the word coarse.
A just-released study by the Center for Responsive Politics shows that President Obama is relying more on Wall Street to fund his re-election this year than he did in 2008, according to CNBC, which obtained an advance copy of the report.
The report says that one-third of the money Obama's elite fund-raising corps has raised on behalf of his re-election has come from the financial sector.
Really? First, we're not in a recession anymore. Please provide data that we are. Your post basically shows that you don't even know what a recession is. That's rather pathetic given that I learned what it meant in 8th grade.
How about you grow a set and explain how losing millions of jobs during the Great Recession would have ended the economic problems we have now. I mean, use real data and logic and put away the childish anger and emotion. Use your adult words.
Why is it that people who don't have a clue of what they're talking about always have such strong, poorly thought out opinions.
...and the people who didn't bother studying in grade school don't know the difference between the word course and the word coarse.
The problem is these are the type of people that we have on the Republican side of the aisle in the House of Representatives.
An appalling level of ignorance and lack of critical thinking skills is killing America.
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