Monday, February 02, 2009

He Who Has the Gold, Rules

Ah, it's nice to see that some people are paying attention out there.

Do you wonder why Obama is letting the Republicans and Democrats do whatever they want with the stimulus package? The answer to me is quite obvious - he doesn’t care about it and what it does. Look through it - it is chump change for everyone. $1,000 tax break per couple, some money for states and cities, money for the road builders, some for solar energy, some for university students, but all of it chump change. The simple reason is that he doesn’t care about the stimulus because it doesn’t matter.
The big prize is what his funders in the financial sector want and that is the bad bank where they can pour the multi-trillions of dollars of bad loans onto the taxpayer without losing their jobs, their stockholders being wiped out, and some of them having to do the perp walk. It is the next banking bailout where the massive transfer from the taxpayers to the wealthy is going to occur. Watch the ball. Don’t listen to the words, believe the “shocked” indignation, or accept that Obama and the Congressional Democrats do not know what is going on.

http://www.creativeclass.com/creative_class/2009/01/31/understanding-the-obama-stimulus/

1 comment:

Alexis D. said...

Getting a little cynical in your old age honey? And we get $1k! yea!