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Old 03-23-2009, 09:48 AM
 
Location: state of enlightenment
2,404 posts, read 4,857,446 times
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I have to say I'm really disappointed O is continuing the Bush save the rich policies. This is not the change I voted for.

Why Banking Bailouts, Buyouts, and Nationalizations
Can Only Prolong America’s Second Great Depression
And Weaken Any Subsequent Recovery
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Old 03-23-2009, 01:55 PM
 
20,194 posts, read 21,563,740 times
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Stocks are up 350+ right now... albeit Obama is continuing Bush's "failed policies" as Obama often referred to them during his presidential run... ah, gotta love the rhetoric..
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Old 03-23-2009, 02:15 PM
 
Location: western East Roman Empire
8,067 posts, read 11,852,583 times
Reputation: 8064
Quote:
Originally Posted by geos View Post
I have to say I'm really disappointed O is continuing the Bush save the rich policies. This is not the change I voted for.
You must be young to have ever believe there is any difference. Let's put it this way, Messrs Bush and Obama are part of the same gang, the voters have the privilege of choosing which face of it to see every four or eight years, that's all. It's almost as if Mr Bush appointed Mr Obama.

The ruling classes are in no mood right now to get their hands dirty will real productive investment, they are still in the mood to arrange things whereby they collect passive revenues, like so many parasites, regardless of the health of the host, it happens.
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Old 03-23-2009, 03:17 PM
 
Location: The Great State of Texas, Finally!
5,380 posts, read 11,252,522 times
Reputation: 2524
Quote:
Originally Posted by evilnewbie View Post
Stocks are up 350+ right now... albeit Obama is continuing Bush's "failed policies" as Obama often referred to them during his presidential run... ah, gotta love the rhetoric..
Well, that's because Gubmint can't continue to expand and exist without private business and the free market. Gubmint produces nothing of value and it needs it's revenue from somewhere. Be very careful about starting witch hunts on the hands that feed you.
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Old 03-23-2009, 03:38 PM
 
14,048 posts, read 20,261,427 times
Reputation: 23593
Really, no suprise to any of that. The hypocrisy is amusing. Also amusing is, that now, there is no mention of last months THEE STIMULUS PLAN that was supposed to make everything right by giving $800 billion to government earmark projects and special interests.

I understand TARP funding and Stimulus funding are different, most of us know it's a financial institutional crises that no government-hiring "stimulus bill" will solve. I'm just amused that now Obama comes on and says, in so many words, "well this is really what will stimulate the economy and solve the economic crises" without mention that he said the same thing last month.

I also noted that Geithner was mysteriously muted this morning, didn't say a thing, like Obama told him to keep a low profile after this AIG debacle. Probably a good idea on Obama's part.
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Old 03-27-2009, 11:19 AM
 
Location: San Diego California
6,797 posts, read 6,640,694 times
Reputation: 5180
As a previous post stated this is exactly what you should have expected. Politicians are simply tools of the ruling class, and have no intention of doing anything except serving their masters. If you can explain to me how stealing money from the working people and giving it to Bankers and Big Business benefits the citizens I would be truly thankful. The reason no one can explain it is because it does not benefit anyone except the ruling class. No one understands it and no one has the courage to say so.
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