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Politics : President Barack Obama

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To: RetiredNow who wrote (132328)3/27/2013 2:04:31 AM
From: tejek  Read Replies (1) of 149317
 
If that is true, why is Obama redistributing money from the 99% to the top 1%?

He isn't except in the minds of people like you and Zerohedge. Obama can't stop people from making money whatever economic policies are implemented under his tenure.

This is what doesn't jive with Democrats stated goals. They believe in redistribution, but their policies are wholly geared to making the rich even richer. QE primarily benefits the wealthy. Not prosecuting the bankers primarily benefits the wealthy.


The intent of QE was to revive an economy that had been severely damaged in no small part by conservatives and their policies. Again, Obama can't stop the rich from benefiting. It would be very unAmerican and would infuriate wingers to no end.
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