Banks Prepare To Buy Another Election...

[kpete]

Goldman Favors Romney Over Obama in Race for Wall Street Funds

Employees of Goldman Sachs Group gave Republican presidential candidate Mitt Romney $238,250 in the last three months, more than workers at any other company, according to a computer-assisted analysis of Federal Election Commission data. Obama took in $10,113.
http://www.bloomberg.com/news/2011-07-16/goldman-favors-romney-over-obama-in-race-for-wall-street-funds.html

..............................

New Report Predicts Economy Won't Improve Until After 2012
Or, in other words, until Obama leaves office.

"Our forecasts for Q4 and 2012 are under review, but even excluding any further changes we now expect the unemployment rate to come down only modestly to 8 3/4% at the end of 2012... final demand growth has slowed to a pace that is typically only seen in recessions... Moreover, if the economy returns to recession -- not our forecast, but clearly a possibility given the recent numbers..."
http://blogs.reuters.com/james-pethokoukis/2011/07/16/panic-at-the-white-house-gloomy-goldman-sachs-sees-high-unemployment-possible-recession/

[OHdem10]

1. Neither party is willing to go after the real problem. Unemployment

is the problem. It has been reported but ignored that
we have a structural problem in our economy; brogut
on by globalization which is poorly managed including
Trade Policy. More than one expert on TV has said until
we tackle the trade deficit and fix the the Trade Policy
we will continue to limp along at high unemployment.

The Two Parties seem to just want a bigger shovel so
they can dig the hole deeper.

The Republican Party is absolutely averse to and the Democratic
Party appears too "frightened" to even insist on what has worked
in the past---when administered properly. If you cannot utter
the word stimulus, for Gosh Sake , can you say Infrastructure
Repair and Building. If they dither too much longer we
will be in a double dip.

[midnight]

2. I have been hearing the signals... Obama saying his

presidency will be brought down by this debt crisis.. Also he signaled his Presidency might be a one term. So it's just the icing on the cake, for the top percenters, that the banks having received the royal treatment, are preparing a new President to usher in the next steps of Austerity....