Quote:
Originally Posted by Riot
 They've been focused on that since the beginning. You don't really have a clue what OWS is about, do you? |
While I've seen a plethora of signs that say 'tax the rich' etc etc. I don't recall a single one with 'cut fannie and freddie' or any other wasteful government program including Obamacare.
Must be hard for people who cheered virtually every stimulus/bailout dime Obama put forth on some crazy notion he was 'righting' Bush's 'wrongs' to deal with it right now.
Obama, in fact, simply stepped it up with loans and stimulus money that unlike Goldman's TARP
was never going or expected to be paid back even in part.
Unlike E.F. Hutton, when Obama speaks failure gets rewarded and success gets taxed or even better it just gets put on the books. The books of the guys who are financing Fannie and Freddie
But no worries they (the books) are backed by the full faith and credit of the United States of America. That's where the us comes in
Oh and these same books also have and are sent ALL of the social security money. Oddly that's on the books as well, over a trillion dollars. It would be great if the Treasury and Fed followed Goldman's lead and voluntarily left the 'investment' banking side of the banking biz.