Thursday, March 24, 2011

Like Obama, Romney Reports to Goldman Sachs

The most significant economic event of the past 20 years was the Bush-Obama Wall Street bailout. In 2008 I noticed that Wall Street contributions were flowing 2-1 to Obama, and the 2008-2009 bailout was the reason. Today, the Wall Street Journal informs us that Romney is securing commitments from bundlers, or big fundraisers, and that Romney is meeting with 100 Wall Street donors at the Harvard Club today. During the past three years the Fed may have provided Wall Street and the global banking system with dollar reserves and subsidies, along with the TARP and other bailouts, that amount to $100,000 per American or more.

One thing is for sure, if you vote for Romney or Obama you know what you are going to get. You are going to be on the hook for plenty of subsidies to the super-rich. If you vote for either one, hope you enjoy paying donations to Lloyd Blankenfein and his organization of welfare mothers on Wall and Broad.

2 comments:

Anonymous said...

http://scholarcitizen.williamcronon.net/2011/03/24/open-records-attack-on-academic-freedom/

Your comments will be appreciated.

Anonymous said...

The corruption of the Tea Party Governors...The more things change....

http://www.palmbeachpost.com/money/gov-scott-shifting-clinics-to-his-wife-raises-1317326.html


http://www.miamiherald.com/2011/03/23/2130650/scott-taking-aim-at-floridas-public.html