Those bumper stickers that say Democrats Serve the People should REALLY read, Democrats Serve the People of Wall Street But the Democratic Party candidates, Obama declared, would be the champions of working people, “the middle class,” the “hard-working single mother” and the “first-generation college student.” Is there any reason at all to believe Obama’s promises? Let’s look at the numbers: Obama gifted only $30 trillion or so to the corporate elite in bailouts of every sort. During 2012-13 he granted the great banks through the Federal Reserve’s “Quantitative Easing” or “economic stimuli to the rich” policy only $89 billion per month. The same crooked banks, the largest in the country, sold the government essentially worthless mortgages. They were eventually fined several billion, a mere “slap on the wrist” fraction of what they stole. No jail for anyone! In contrast, George Bush only granted the corporate elite a mere $1 trillion or two during his reign.
Posted on: Mon, 10 Nov 2014 16:53:37 +0000
Trending Topics
Recently Viewed Topics
© 2015