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In reply to the discussion: This forum is the only reason I haven't left DU. [View all]truedelphi
(32,324 posts)4. I trhnk the derivatives collapse the first time around
Pretty much did us in.
Right now, 49 cents out of every dollar of profit goes to either a Big Bank, or a Big Financial Firm.
Back in the Nineteen eighties, that amount out of every dollar of profit was only eight cents.
The middle class is being pushed into oblivion.
And I have asked for this several times before, but will ask again - if anyone here doesn't think Obama is responsible, then please post for us the photos of his arm being twisted by Republicans while he made those damnable and destructive appointments (i.e., Geithner's appointment, Bernanke's re-appointment, and now Jack Lew.)
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I honestly wish Obama had let the country slip into another Great Depression
DonCoquixote
Mar 2013
#7
"I honestly wish Obama had let the country slip into another Great Depression"
NYC Liberal
Mar 2013
#9
I understand your frustration. I have gone to that place myself on more than one occasion.
rhett o rick
Mar 2013
#11
I'm not sure any amount of suffering will improve our chances in the long term.
sangsaran
Mar 2013
#21
Sorry I dont understand. Elites rule. They always have and they always will. We just have to find
rhett o rick
Mar 2013
#23
Actually, you should be lamenting that "Job #1" has been to restore Wall Street...
Spitfire of ATJ
Mar 2013
#18
I could not agree more, with you and with the OP. This forum is one of the main
sabrina 1
Mar 2013
#39
Look at Greece and the neo-NAZI "golden dawn" party, and until recently
Fire Walk With Me
Mar 2013
#40
I'm not an economist, I'm not anything approaching an expert. I'm simply attempting to synthesize
Fire Walk With Me
Mar 2013
#45