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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPresident gives speech trying to refocus American people and government on economy, not scandals
DU has more posts about a mayoral candidates dick then major policy speech from POTUS...
Good job everyone. Keeping it classy.
woo me with science
(32,139 posts)Obama, trying *so* hard to convince the people that the economy is actually an important issue...
War is Peace
Freedom is Slavery
Ignorance is Strength
Drone Murders are Legal, Ethical and Wise
Chained CPI is Superlative and Protects the Poor
Obama put Social Security Cuts on the table because he Opposes them.
Health Care is Affordable.
Edward Snowden is the Traitor.
Bushes made the world a Kinder and Gentler Place.
DFab420
(2,466 posts)Or are you just going to speak in hyperbole?
Fire Walk With Me
(38,893 posts)part in its exacerbation.
bemildred
(90,061 posts)Jessy169
(602 posts)I'm 100% behind Obama. I just don't think he has the ability to do much more than give speeches. If Obama was dictator for a day, I think he'd do some really great things that might indeed make a difference. But in reality, even dictatorial decrees don't stand a chance in hell of fixing this economy. I'm afraid this economy is destined to die an ugly death and nothing can prevent that. It is an economy built on cheap plentiful oil and the collective greed of millions of financial competitors, each one seeking to accumulate more wealth than the other. The economy is a monster, a machine that can no longer be controlled, and it is lurching step by step toward it's own doom, obliterating valuable resources and leaving piles of stinking waste with each step forward.
If Obama really wants to be honest about the economy, then let's hear the speech, I'll be very interested. But he can't tell the truth -- nobody in an official capacity can tell the truth because the truth is devastating.
Response to DFab420 (Original post)
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Fire Walk With Me
(38,893 posts)7400+ Occupiers were arrested for bringing it to everyone's attention. Were spied on by DHS and FBI and our information was shared with the very corporations to which we pointed as being The Problem.
Corporate Profits Have Grown By 171 Percent Under Obama -- Highest Rate Since 1900
http://www.alternet.org/news-amp-politics/corporate-profits-have-grown-171-percent-under-obama-highest-rate-1900
"Average annual corporate profit growth under Obama is the highest since 1900, whereas profit growth declined during both Bush presidencies. As a share of the economy, corporate profits have never been higher.
Unfortunately, this profit deluge has not been shared by workers, whose wages as a percentage of the economy have fallen to all-time lows. Workers also got dinged by the recent increase in the payroll tax, which was large enough to wipe out a minimum wage increase in some states."
8 Huge Corporate Handouts in the Fiscal Cliff Bill
http://www.alternet.org/news-amp-politics/8-huge-corporate-handouts-fiscal-cliff-bill
"Throughout the months of November and December, a steady stream of corporate CEOs flowed in and out of the White House to discuss the impending fiscal cliff. Many of them, such as Lloyd Blankfein of Goldman Sachs, would then publicly come out and talk about how modest increases of tax rates on the wealthy were reasonable in order to deal with the deficit problem. What wasnt mentioned is what these leaders wanted, which is whats known as tax extenders, or roughly $205B of tax breaks for corporations. With such a banal name, and boring and difficult to read line items in the bill, few political operatives have bothered to pay attention to this part of the bill. But it is critical to understanding what is going on.
5) Subsidies for Goldman Sachs Headquarters Sec. 328 extends 'tax exempt financing for York Liberty Zone,' which was a program to provide post-9/11 recovery funds. Rather than going to small businesses affected, however, this was, according to Bloomberg, 'little more than a subsidy for fancy Manhattan apartments and office towers for Goldman Sachs and Bank of America Corp.' Michael Bloomberg himself actually thought the program was excessive, so thats saying something. According to David Cay Johnstons The Fine Print, Goldman got $1.6 billion in tax free financing for its new massive headquarters through Liberty Bonds."
The Untouchables: How the Obama administration protected Wall Street from prosecutions
http://www.guardian.co.uk/commentisfree/2013/jan/23/untouchables-wall-street-prosecutions-obama
Yes, Virginia, the Rich Continue to Get Richer: the Top 1% Got 121% of Income Gains Since 2009
http://www.nakedcapitalism.com/2013/02/yes-virginia-the-rich-continue-to-get-richer-the-1-got-121-of-income-gains-since-2009.html
U.S. banks in 2012 post highest profits since '06
http://www.reuters.com/article/2013/02/26/us-usa-fdic-earnings-idUSBRE91P0N820130226?utm_source=Daily+Digest&utm_campaign=de8376aab3-DD_2_27_132_27_2013&utm_medium=email#.US5jjkXSlU8.twitter
This Years Subsidy to Wall Street = the Amount of This Years Sequester Cuts
http://www.washingtonsblog.com/2013/02/this-years-subsidy-to-wall-street-the-amount-of-this-years-sequester-cuts.html#.US_yiFwwnHY.facebook
Dont Blink, or Youll Miss Another Bailout
http://www.cnbc.com/id/100466032
America faces more than a dozen deadlines, all caused by billionaires and wealth transfer
http://americablog.com/2013/02/america-faces-more-than-a-dozen-deadlines-all-caused-by-billionaires-and-wealth-transfer.html
Bank Bailout 2: Obama Lets Mortgage Abusers Off the Hook
http://www.commondreams.org/headline/2012/02/09-5
Obama has as always very pretty words while he talks about Summers (a wall street deregulator) as a possibility for the Fed and Ray Kelly as a possibility for DHS secretary. Foxes in the henhouse, anyone?