Sunday, February 12, 2012

How did Obama manage to facilitate the most profitable year in history for Wall St elitists, out doing GW Bush?

Bush managed to create 1000 Billionaires in 8 years Obama has out performed Bush in 1 year.



Sure Obama had a little help from his famed Neo Conservative Economists Paul Volker; but I think he did most of the power brokering himselfHow did Obama manage to facilitate the most profitable year in history for Wall St elitists, out doing GW Bush?Its the old kick back scam , or Chicago politics!!How did Obama manage to facilitate the most profitable year in history for Wall St elitists, out doing GW Bush?
Chicago politics of course. Its not a question of people getting rich, its a question of who gets rich.How did Obama manage to facilitate the most profitable year in history for Wall St elitists, out doing GW Bush?It's not hard to do when Wall street had no where to go but upHow did Obama manage to facilitate the most profitable year in history for Wall St elitists, out doing GW Bush?
It is no secret that Wall Street is and has been firmly in the Democratic corner. Don't worry; Obama will get enough of the money back in campaign contributions to do it again!How did Obama manage to facilitate the most profitable year in history for Wall St elitists, out doing GW Bush?setting us up for disaster!How did Obama manage to facilitate the most profitable year in history for Wall St elitists, out doing GW Bush?
Let's see. No more Bear Stearns and no more Lehman Brothers (both failed on Secretary Paulson's watch) combined with zero percent federal funds rates for 12 months or so led to lots of profits for the surviving Wall Street investment banks and commercial-investment banks and for some of the hedge funds.



I'm not sure how you can make the claim that Obama facilitated these results since he doesn't set interest rates and he didn't allow Bear Stearns or Lehman Brothers fail.
Paul Voelker is not a neo conservative. He has an open mind. The Dow Jones index was down to 6500 when Obama came into office. The theory has always been you fix Wall Street and Main St follows. It does not happen like that any more since jobs are created outside our borders. The stock market has done great. How were the Obama billionaires created and how many were created since beginning of 2009?

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