Obama is First President Ever to Not See Single Year of 3% GDP Growth (Harry Reid, ethics)
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The financial sector has been freed from the consequences of their own actions for over 3 decades, again they gambled & again we lost.
And they were made whole.
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The systemic risks haven't changed, human nature hasn't changed, conditions remain the same. The next financial imbroglio should come as no surprise ... but folks will still be surprised & the 'blame games' will begin all over again.
'It'll be like deja-vu all over again.'
Those who want to assign blame are not the problem. Those who deflect the blame are.
Those who want to assign blame are not the problem. Those who deflect the blame are.
Agreed.
It's just getting monotonous in the repetitiveness. The Great Depression (at least there was remedy), the Savings & Loan Scandal (at least it was recognized for what it was - scandalous & folks went to jail) & the most recent? Get out of jail cards all around because after all ... Don't rock the boat! (But dammitt keep on bailing!)
1. Not renominated Bernanke. Bernanke had just failed in a historic way and he gets to keep his job. People had no faith he would do any better.
2. Actually prosecuted those who broke our laws. By saying as long as you are a Wall Street bigwig you can do and get away with anything, once again people lost faith in the system.
3. Not hired a Wall Street ***** that couldn't even do their own taxes.
I could continue.
A group of CEO billionaires and large corporations gave B. Obama $1 billion dollars in campaign funds for his election. Do you honestly believe CEO's and corporations just give someone $1 billion dollars for nothing in return?
But at least the democrats have a few honorable billionaires and worker unions giving them lots of money (so the democrats will do some honorable things and do a few things for regular workers.)
And what would 'all money from corporations' Mitt Romney have done?
B. Obama stopped Mitt Romney from adding $8.7 trillion dollars to our national debt, and now you want to attack him for a few government appointments?
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Most of his damage has been to the poor.
So Mitt Romney being opposed to welfare and high min wage laws would have helped the poor more?
At least Obama gave the poor some free cell phones and his stimulus, and he also tried to raise their min wage. Romney just would have called the poor "freeloaders" while he was doing supply side tax cuts and corporate deregulation.
A group of CEO billionaires and large corporations gave B. Obama $1 billion dollars in campaign funds for his election. Do you honestly believe CEO's and corporations just give someone $1 billion dollars for nothing in return?
No, but that isn't what we were asked to address.
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But at least the democrats have a few honorable billionaires and worker unions giving them lots of money (so the democrats will do some honorable things and do a few things for regular workers.)
Kinda vague there.
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And what would 'all money from corporations' Mitt Romney have done?
B. Obama stopped Mitt Romney from adding $8.7 trillion dollars to our national debt, and now you want to attack him for a few government appointments?
So Mitt Romney being opposed to welfare and high min wage laws would have helped the poor more?
At least Obama gave the poor some free cell phones and his stimulus, and he also tried to raise their min wage. Romney just would have called the poor "freeloaders" while he was doing supply side tax cuts and corporate deregulation.
As I noted, those who attempt to deflect the blame.
I'm just saying America is better off with Obama than Romney.
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Kinda vague there.
Money controls Washington and some cool people like Warren Buffet give democrats money.
Warren Buffet feels guilty that his tax rate is lower than his secretary's, so he used his political pull to try to get CEO billionaires tax rates raised. The democrats even named the law after him (but of course the republicans stopped the law from passing.) https://en.wikipedia.org/wiki/Buffett_Rule
But the republicans don't have cool billionaires like Buffet giving them money, they only have billionaires like the Koch brothers looking for CEO tax cuts and corporate deregulation.
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As I noted, those who attempt to deflect the blame.
Perhaps, but Obama did more for the poor than Romney ever would have.
The way Cruz is acting, he is definitely part of the problem, but he can't see that. And this is our problem. Because the establishment thinks they know better then all others. Really! could have fooled me.
Can someone please explain to me how this happened?
Globalization and technolgy.
Do you think Ronald Reagan had as much information at his fingerprints as a smart phone user? How much longer until a smart phone can diagnose a common cold better than a board of certified doctors.
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