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The banks were bailed out by Hank Paulson in 2008...
Obama took credit for that.
Quote:
"For two weeks, I was on the phone every day with [Treasury] Secretary Paulson and the congressional leaders making sure that the principles that have ultimately been adopted were incorporated in the bill," Obama said.
You'll be more offended when the Republicans steal your house...
I'd have to own one first... and besides that, it doesn't mean they are socialist at all. Republicans are corporatist != socialist.
Quote:
Originally Posted by dman72
I think the original author used the word to try to get GOP idiots to start realiging what is really going on..
Our government is controlled by large financial corporations. This is corporate sponsored state-ism. Using tired old terms like "socialist" and "capitalist" don't work with what is going on now. Goldman Sachs steering the countries economic policy to make the extremely wealthy even wealthier has very little in common with eco101 bananna stand salesman anecdotes that Fox News worshippers try to equate everything to in their foolishness.
Yes, corporatist is the best word to describe it. Large corporations with a lack of accountability are really going to be the downfall of this country.
at least three on the Fed appoined by BO, maybe more
Yep the Fed is a Republican honey hole populated by Obama appointees.
"The Board of Governors, located in Washington, D.C., oversees the Federal Reserve System. It is made up of seven members who are appointed by the President and confirmed by the Senate."
" President Barack Obama nominated Tarullo to the Board of Governors of the Federal Reserve. He took office on January 28, 2009, to fill an unexpired term ending January 31, 2022.[1]"
Listen HC you are getting close to getting it but what is holding you back is your partisan blinders. Face it the {D}s are no better, look at the banksters Obama surrounded himself with. The bail out was a bi partisan cluster**** that you can not deny. And yes both parties will get behind another bail out if one is needed, they know who their daddy is {banksters}.
Listen HC you are getting close to getting it but what is holding you back is your partisan blinders. Face it the {D}s are no better, look at the banksters Obama surrounded himself with. The bail out was a bi partisan cluster**** that you can not deny. And yes both parties will get behind another bail out if one is needed, they know who their daddy is {banksters}.
Yes... I already know... Both parties work for the same master... The Globalist British controlled "FED"... The GOP is more blatant about it...
As for the rest of the Dems... it depends on whether they've realized Obama is the banksters' puppet.
Obama's plan has nothing to do with the $16 trillion the Fed gave to banks and corporations...
Nice try on right wing spinning... Boehner and Cantor want your Grandma to eat cat food...
Obama's plan has nothing to do with the $16 trillion the Fed gave to banks and corporations...
Hmmm... what was Geithner's job before he became Obama's US Treasury Secretary?
Oh yeah... he was president of the Federal Reserve Bank of New York.
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at least three on the Fed appoined by BO, maybe more
