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Obama Administration Careening Towards Disaster (and Taking the Country With It)

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posted on Mar, 23 2009 @ 02:44 AM
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Obama Administration Careening Towards Disaster (and Taking the Country With It)


www.opednews.com

...the Obama administration is announcing plans to blow another $1 trillion in a massive taxpayer giveaway to investors who...

...the Goldman cabal burrowed deep inside the Washington apparatus is working not to rescue the US economy, but rather to ensure the survival and enrichment of the big banking establishment...

(visit the link for the full news article)



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posted on Mar, 23 2009 @ 02:44 AM
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I like Dave Lindorff's style of writing/reporting. Here, he says institutions who made bad bets should be allowed to fail.

Harsh! But actually he kinda makes a little sense, in how an example would be made. Is this what YOU think should happen?

With advisors linked to Goldman Sachs, given $10 bil in Troubled Assets Relief Program (TARP) and another $13 bil secretly laundered through AIG, this is GRAND LARCENY isn't it?

I don't know about you, folks, but I'm dizzy by all this, and thinking about Ron Paul's proposal for accountability, aren't you?





www.opednews.com
(visit the link for the full news article)



posted on Mar, 23 2009 @ 02:45 AM
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They've dug the hole and bought an expensive headstone.

Taking us down with them.



posted on Mar, 23 2009 @ 03:39 AM
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To be fair though, much of what is happening was inherited from the outgoing administration, and the one before that, and the one before that.
Things just didn't start going belly-up as soon as Obama took office, they were already well under way log before anyone had even heard of Obama.



posted on Mar, 23 2009 @ 03:40 AM
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reply to post by Britguy
 


Yes, but Obama isnt doing much to help the situation is he?

I know the guy inherited all this and respect him for TRYING to fix it, but he's going about it the wrong way.



posted on Mar, 23 2009 @ 04:03 AM
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Obama: Banker’s boy to the bone. Just like Bush, et al.

We are witnessing the looting of a collapsing American empire, and it's all according to plan.



posted on Mar, 23 2009 @ 04:09 AM
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reply to post by FRIGHTENER
 


And exactly how do you think most of these companies made it out of the 1930's intact? Think about it. They did the same thing back then! They kept jacking up the market to take a profit till it straight fell apart and the bottom fell out.

What really makes this bad is that there is alot more people now and it isn't going to take years as everyone thinks.Not all people are as gullible as we would make them out to be.



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