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Politics : Formerly About Advanced Micro Devices
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To: mel221 who wrote (751939)11/10/2013 11:10:11 AM
From: koan  Read Replies (2) of 1576683
 
No the name is Bernanke and the fed. They are independent and he was appointed by Bush! The fed has loaned trillions to the banks at .05% interest rate. Then the loan at higher rates and make a ton. And that is not stimulus. They are not loaning the money mostly into bonds and making the difference.

Are you forgetting it started with Bush and Treasury Secretary Paulson begging Pelosie to give AIG 82 billion no questions asked and hundreds of billions to the banks and others?; and Reid did no more or less than Boehner and McConnell.

All of the gain since 08, all of it went to the top 1%. All the money went to the plutocrats i.e banks, and Wall street. The fed gave trillions of dollars to the banks. No one can stop the plutocrats it seems. Bush didn't, the republican controlled congress didn't and hasn't.

What we liberals keep trying to explain to the conservatives is that they are helping the plutocrats skin us all alive. We all need to join together to stop the plutocrats from controlling our country.

>> And most of the 6 trillion spent was not stimulus.

It is deficit spending and it exactly stimulus to the economy. Without that spending the government spending and GDP would have been less.

>> It was a give away to the plutocrats/banks by both parties.

The laws that spent that $6T have 3 names as signatories; Obama, Reid, Pelosi.

Giving money to plutocrats is how Democrats conduct business.

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