I found it ironic that the do nothing Republicans accuse Barack Obama of being a Socialist even as World Wide Socialist Network writer Jerry White has assembled the most damning one paragraph summation of Barack Obama's "handling" of the economy that I have read to date.
"On the economic front, the democratic president (Barack Obama) has acted as a ruthless instrument of the financial elite, handing over trillions of dollars to the Wall Street Banks and blocking the slightest restrictions on their speculative activities and massive pay packages. As a result, the share prices and profits of the banks have increased, while tens of millions of workers suffer an unrelenting assault on their jobs and living standards and the loss of their homes and life savings without the slightest relief."
- Jerry White
Click anywhere on the quote to see the actual article. As stated by the New York Times, Jamie Dimon is Barack Obama's favorite Wall Street Banker. Not only do we have an in the pocket of Wall Street Banker's president, we have Republican Vultures circling overhead trying to use Tea Party Protests to, get back in the pocket of the Wall Street Banker.
No comments:
Post a Comment