Iâ€™m already becoming conflicted with President-Elect Obamaâ€™s handling of the economic crisis. Now donâ€™t get me wrong, I understand that he has very limited capability right now, for example, he is, for all intents and purposes, powerless within the executive branch of government at the moment.
However, what is the deal with his continued support of trickle down economics? Why is he supporting these blank checks to banks and crappy US car companies? Why is he still supporting this bullshit called â€œfree tradeâ€? We have had 8 years of the worst, corporate driven economic policies ever to be enacted as policy, and President Elect Obama wants to give them more money to recover from the mess they created? He should take note and learn from Senator Byron Dorgan who proposes real democratic policies, not the same kinds of policies that got us here in the first place.
For those of you who saw â€œWho Killed the Electric Carâ€ we know that had ford not pulled their electric car the USA and not Japan would still reign as the automobile capital of the world. Had these bankers not compounded their investments, the market would not have been so artificially inflated. Had these disgusting, predatory lenders not given houses to idiots who didnâ€™t know any better, in an attempt to rip their life savings from them we would not have had a housing bubble. Perhaps my views are too simplistic for the taste of some readers, but may I remind you that we are living these things. Banks are collapsing, Detroit is set to become a ghost town, and we have tens of thousands of houses foreclosing a month. Why is Barack restraining the invisible hand which is posed to b*tch slap these crooks all the way back to reasonable economic policies.
I thought I was a member of a political party that put people before companies but that seems to be sadly not the case. The first thing I expected the Democrats to do was to enact a homeownerâ€™s protection program, or at the very least propose one. And what happened to that national debt that we promised we were going to shrink, in part by ending the war? Suddenly we canâ€™t throw money at companies fast enough?
I donâ€™t like being negative about my party. But it feels like we are being sold out, once again, by our leaders in Washington, which is this time, being led by Democrats.
*the above video is a visual aid to display exactly what happens when Democratics are believed to be enablers of horrific economic policies. The youth become disenfranchised, minorities disengage politics and horrible Republicans are elected.