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You are being most gracious to refer to obama as an 'investor'.
An investment is made by an investor with an expectation of realizing a profit. No such evidence of making an investment can be attributed to Obama. Certainly no evidence he has ever acted as an investor.
You might make a case for money laundering but investor, i don't think so.
I'd say that the Greenspan - Bush housing bubble of the mid 2000's was a pretty bad investment.
Why do you fail to give credit to the Clinton administration for setting up the legislative dominos for that to happen? Clue: Robert Rubins (formerly of Goldman Sachs) paved the path to make derivatives trading legal.
Why do you fail to give credit to the Clinton administration for setting up the legislative dominos for that to happen?
Because
(A) derivatives aren't the proximate cause of the housing bubble; they just made the decline more painful, when it occured.
(B) that was legislation written by 3 Neocon republicans, anyway.
(C) the housing bubble didn't happen on Clinton's watch, it happened on Bush's watch... after Bush's decision to deregulate bank capital reserves (and therefore lending) >>> SEC Net Capital rule.
the bush administration made a conscious decision to unleash private lending as a response to the 2001-2003 'slowdown', and this is what caused the housing bubble.. which was a horrible investment for America.
Investment without morality always lead to profit loss...What were they thinking when they stated to cut all these deals with CHINA? A horrific and base government that puts humans through a slavish meat grinder - with no real human rights what so ever---- all in the name of gain...
When you make deals with the devil he will always rip you off...why do you think they call this symbol the devil? HE simply can't be trusted...bad and immoral investment has led to one thing regarding China and other slave labor nations...Huge debt....for America where only one in ten million Americans benefit and the rest pay the debt...it's robbery and a new form of slave trading---Ironically we have a black guy in power who really does not understand or care that the nation is being sold - into slavery...to China of all people...who killed millions of their best and brightest in order to mutate into a profitable but wicked kingdom for a few of their rich...
Would he have invested in Solyndra, SunPower or GM with his own money?
He has an abominable record on ROI.
Barack is not an "investor". That would imply that he had knowledge of the companies he was spending OUR money on. Barack is a SPECULATOR and a very bad one at that. Too bad we can't require him to forfeit his salary and garnish is personal wealth when he gambles with other people's money.
Were not the first and will not be the last idiotic "investments" our beloved fedgov makes.
So, since it is on Obama's watch that makes everything ok.
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