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RT: Obama cuddles up to Wall Street

submitted by blankfist

1 decade 3 years 10 months 1 week ago

In Washington DC, there are many relationships being formed between Wall Street and US politicians. Half way through President Obama's first term, what has he shown as a result of his economic policies with an economy still sputtering? Author Les Leopold says President Obama's Administration is filled with ex-Wall Street bankers, which solidifies the obvious; Obama has no intention of a Wall Street crackdown. He is going to let the largest banks get bigger, they are going to walk off with wild profits and bonus' and he is going to hope it doesn't crash on his watch.

[/yt]

4 Comments

Not many votes? What's the matter, plutocatcy got your tongue?

dystopianfuturetoday

^I think the hesitation has to do with the fact that, while Obama does seem to be under control of corporate-media-military-pharma-oil-banking-genetically-modified-organism-industrial complex, he is still far preferable to the alternatives. It's important to criticize Obama and the government, but he is the best option at the moment, and things could be much worse. It's a delicate balancing act. I'm pretty pissed at both the government and freemarketologists at the moment. I think that they -whether they know it or not- are working towards the same goal of plutocracy.

Look into Milton Friedman and his involvement in pushing free market principles 'at the butt of a gun' in Chile. Friedman is a hero of the freemarket class, and a big hypocrite when it comes to 'coercion' and 'force'.

I also think blankfist's extreme partisanship and aggressive nature turns many videosifters off. I think the same could be said for myself, which is a bummer, but we are who we are. I've been trying to soften my language. Look at all the 'i thinks' in this message!

*controversy *money *talks

Adding video to channels (Controversy, Money, Talks) - requested by MrFisk.

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