"President Barack Obama said on Monday that Wall Street banks had failed to show remorse for the "wild risks" that triggered a financial meltdown and helped to push the United States into recession."
http://finance.yahoo.com/news/Obama-hit … 0&.v=2
"A group of investment firms and hedge funds decided to hold out for the prospect of an unjustified taxpayer-funded bailout," Obama said, flanked by his economic, energy and environmental teams. "They were hoping that everybody else would make sacrifices, and they would have to make none. Some demanded twice the return that other lenders were getting. I don't stand with them."
http://www.foxnews.com/politics/2009/04 … ny-hybrid/
"This is a corporation that finds itself in financial distress due to recklessness and greed," Obama told politicians and reporters in the Roosevelt Room of the White House, where he and Treasury Secretary Tim Geithner were unveiling a package to aid the nation's small businesses.
http://www.cnn.com/2009/POLITICS/03/16/ … index.html
So, America finally found its scapegoat LOL. Why it does not surprise me a tiny bit, and why, oh why was I telling a year ago that the only difference between Obama and McCain was going to be a scapegoat?
by mio cid5 years ago
I, being a political junkie listen regularly to the right wing nut talkin heads, and it is really amazing to me that any mention of the subsidies, tax breaks,loopholes that benefit the rich is immediately labeled as...
by Jason Menayan5 years ago
What are your thoughts on this?"We're going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but...
by Stacie L5 years ago
WASHINGTON (AP) — President Barack Obama is expected to seek a new base tax rate for the wealthy to ensure that millionaires pay at least at the same percentage as middle income taxpayers.A White House official said...
by Ralph Deeds5 years ago
Republicans Call Obama's Tax Plan "Class Warfare"http://www.nytimes.com/2011/09/19/us/po … rfare.htmlCOMMENT No. 516Ralph DeedsBirmingham, MichiganSeptember 18th, 20115:10 pmThe Republicans in Michigan...
by Person of Interest5 years ago
Normally I would have just blogged this...http://digg.com/news/politics/how_class_warfare_beganIt is short and sweet.
by SparklingJewel5 years ago
I don't claim to be a big financial, economics know it all (how could anyone, frankly, but the link here is a conservative version of the current presidents tax creation scenario for next yearcan anyone that...
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