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
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!)
And Clinton is a goodly part of the reason the stock market is going down now;)
Well, it's true that Glass Steagall was repealed on his watch via a bill sponsored by the infamous GOP apostle of deregulation with the support of none other than former Goldman CEO Robert Rubin and his pull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.
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.........
Who told you it was destroyed?
And until you understand that not only financial elite, but everybody is responsible for this, we will keep falling...
Hey RK, if you get nasty on my old friends, I may as well get nasty on you
by Onusonus23 hours ago
Be like Hitler. To implement capitalism, be like Walt Disney.
by Susan Reid4 years ago
I'm realizing I really don't.Back story on this thread:I receive fundraising emails from the Obama campaign all the time.Not long ago, they offered an opportunity to meet Barack Obama and George Clooney. I thought to...
by rlaframboise6 years ago
Do you think Obama actually believes in the merit of the Constitution or do you think that he thinks that the chains i places on the Federal government are a bad thing?I for one think he would love to see a purely...
by pisean2823116 years ago
why is so much criticism of obama on hub and various web blogs?...is he victim of over expectation or is it they he has seriously messed up things?
by ahorseback4 weeks ago
What about the Obama interference in the Netanyahu -Israelis election - How quickly we forget on the left ? Anything from the peanut gallery ?
by Susie Lehto12 months ago
"This is the closest that we have come to repealing Obamacare."I am over joyed at the moment! I confuse that I thought Speaker of the House Ryan was another Republican Rhino like John Boehner. The...
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