General Discussion
Showing Original Post only (View all)We needed a Roosevelt, but we got an Obama [View all]
No shortage of reasons why 95% of Americans feel our Congress is a corrupt dysfunctional Jona hanging around the collective neck of the working class. Democrats in the House and Senate are applauding their political coo of extending the Social Security Payroll Tax Cut which may very well be the final nail in coffin of what once was our Social Safety Net.
With little surprise groups such as Occupy Wall Street and the Tea Party have sprung up in reply to Washingtons Shenanigans. President Obama upon taking office immediately began surrounding himself with the same Wall St Banking insiders and CEOs that have plunged this country into the Great Recession. Even after former Federal Reserve Chairman Alan Greenspan publically admitted in his testimony to a Congressional Hearing that the Failed Policies of Trickle Down Economics were directly to blame for the current Global Economic Collapse, we still have our Government and Washington insiders pushing the Top-Down Economics of the Wealthy Elite.
Today we herald Jobs Numbers that formerly would have a negative reaction as a much needed improvement. The SEC announced a Small Number of cases of Wall St. Fraud would no longer be allowed to plead No Fault and we consider that a significant breakthrough. The Administration announces a new plan to sell huge blocks of Foreclosed Homes to Wall St. Investment Firms, (the same firms that created the demise of our economy) so they can make room for MORE foreclosures, and it received barely a blurb in the News Cycle much less massive protest in the streets.
The Re-instatement of Glass-Steagall Act is bogged down in Committee. The Corporate Tax Code still provides financial incentives for Multinational Corporations to Outsource Jobs to China. The Wealthy Elite still pay a significantly lower percentage of income to taxes then the Working Class.
Mr Obama to quote a famous American Lead, Follow, or Get the Fuck Out the Way
Bonnie and Clyde were not the sharpest tools in the shed The fact they got away with what they did for as long as they did was really a lot of foreclosed upon Americans enjoyed watching the Banks who foreclosed upon their homes get a little Pay-Back
This time Mr Obama it is You, and our Corrupt Federal Governence that continues to look on ignoring the Bonnie and Clydes of Wall St