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Is Obama trying to restore the old guard?

  1. Make  Money profile image73
    Make Moneyposted 8 years ago

    That's the question, is Obama trying to restore the old guard?

    The old guard being the financial elite that got the world into this financial crisis to start with.

    The truth about Tim Geithner

    Is the U.S. a corporate state run and controlled by the same financial elite?  Is that what you want?

    Why not try A New Way Forward

    1. Ralph Deeds profile image71
      Ralph Deedsposted 8 years ago in reply to this

      +

      Obama isn't just "trying to restore the old guard." He's already appointed quite a few establishment people from the Clinton administration. But that may not be all bad. Under Clinton we weren't at war and the budget was balanced, and we weren't looking into a bottomless economic abyss. (And the stock market went up!)

      1. Mark Knowles profile image61
        Mark Knowlesposted 8 years ago in reply to this

        And Clinton is a goodly part of the reason the stock market is going down now;)

        1. Ralph Deeds profile image71
          Ralph Deedsposted 8 years ago in reply to this

          Well, it's true that Glass Steagall was repealed on his watch via a bill sponsored by the infamous GOP apostle of deregulation with the support of none other than former Goldman CEO Robert Rubin and his pull toy Larry Summers. Clinton deserves part of the blame for our cratered economy, but Bush and the GOP deserve more, in my opinion.

          1. Mark Knowles profile image61
            Mark Knowlesposted 8 years ago in reply to this

            They just ran with the ball handed to them. Take it back a little further to the actor and then a little further to the gold standard. Obama is just running with the same ball. Even if (unlikely) the stock market doubles with all the trillions poured in - your dollar will be worth half what it was.........

  2. Misha profile image76
    Mishaposted 8 years ago

    Who told you it was destroyed? wink

    And until you understand that not only financial elite, but everybody is responsible for this, we will keep falling...

  3. knolyourself profile image60
    knolyourselfposted 8 years ago

    New and improved same ole, same ole.

  4. Misha profile image76
    Mishaposted 8 years ago

    Clara! What a pleasant surprise! Welcome back smile

  5. Misha profile image76
    Mishaposted 8 years ago

    Hey RK, if you get nasty on my old friends, I may as well get nasty on you smile

    1. RKHenry profile image79
      RKHenryposted 8 years ago in reply to this

      Hey Misha, what the hell are you talking about?  Whose getting nasty?  You?  What are you talking about?

 
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