Posted by:
hello
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Date: November 07, 2012 11:38PM
saviorself Wrote:
Obama wants to move the US economy
> away from the system that made it strong and
> implement the government intervention model, which
> has never been really successful in any country.
So then, he wants to continue the policies of republican president GW Bush? IIRC, weren't the first corporate welfare "bailouts" implemented by the latest Bush administration? "TARP", the plan to bail out the "too big to fail" auto companies and other failing industries, as well as the Fed bailout of Wall Street corrupt financial institutions, was organized and enacted by the Bush admin..
Here's a link to an article about this topic, concerning a Pew poll that shows that fully half of Americans think that Obama started this bailout, corporate welfare policy and practice.
And BTW, this is the same "bailout the "too big to fail" guys, that was implemented by the Reagan admin. under the direction of George HW Bush, during the so-called savings and loan crisis of the late eighties.
http://www.cbsnews.com/8301-503544_162-20013452-503544.htmlAnd yet, the republicans claim that their TARP-style policies made (and continue to make) America stronger, in the grand old "capitalist" style. Might I be allowed, then, to say, in the style of our own SL Cabbie, "bull biscuits!"?