Citizen G'kar: Musings on Earth

November 17, 2009

Why Won't Obama Give You a Job?

Trinity church from Wall Street.Image via Wikipedia
I don't know about you, but I don't see "Change We Can Believe In" coming from the White House.

t r u t h o u t | Why Won't Obama Give You a Job?:

"The stimulus plan passed earlier this year appears to have been too modest in scope, as many economists warned at the time. While it helped halt the economy’s free-fall collapse, unemployment still topped 10.2 percent last week, and analysts warn us that “bleak data point to a stark future for job seekers and employers.”

But while caution’s prevailed in Washington when it comes to bailing out “Main Street,” Wall Street’s enjoyed a degree of socialism that would make Hugo Chavez blush. The Obama administration has essentially continued Bush’s policy of loading up dump trucks with tax dollars at the Treasury and dropping them on the banks with little oversight and next to no strings attached."
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