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Politics : President Barack Obama

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To: tejek who wrote (147262)11/24/2014 8:05:01 PM
From: RetiredNow  Read Replies (1) of 149317
 
And what difference did that make? Controlled receivership with liquidity guarantees would have calmed the entire market down. Instead, our government stole from everyone to recapitalize criminal enterprise banks. You are so clueless as to the realities that it is truly astonishing. They sold you on the idea that the only path to stability was to allow the raping and looting of the 99% to keep the criminals solvent. All that has done is created a system so fragile, we are still undergoing massive stimulus 5 years later.

Keynesianism has failed completely and absolutely. 5 years of stimulus and everyone is still terrified the system will crash. That is the very definition of failure. Democrats' economic policies are the height of hubris and idiocy.
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