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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (6210)	12/23/2011 9:22:34 PM
From: Win Smith	Read Replies (1) \| Respond to of 85487

It's pretty rich to read the practitioners of that-which-dare-not-speak-its-name wrt Obama bitching about Obama demonizing anything. Certain things have some well deserved demonization due to them, anyway. Obama didn't cause the subprime meltdown, but the masters of the universe on Wall Street were up to their neck in it. There's demons out there somewhere that need to be exorcised, but the Republican response to that is to neuter in any way possible the modest financial / banking reforms that have actually been passed so far. My biggest problem with Obama is that he's been way too cozy with Wall St. but by local standards he's apparently demonizing them? Whatever. In a perfect world, if the Republicans luck out and end up running the relatively inoffensive Romney, we'd find out a little bit about how much job creation the private equity funds do. My understanding it's primarily of the negative variety, downsizing, outsourcing, and shipping things overseas, but who knows? I don't exactly expect an honest exposition on the subject, but it could happen!