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Jan 12 2009

Bailouts are Bull

Published by vrajavala at 12:47 pm under economics, politics Edit This

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They often say in a mystery story, “follow the money trail.” Now, when it comes to Mr. Obama, it is pretty obvious that he has the backing of the big Wall Street financiers and is bound to do their bidding. And, if he doesn’t there is always the threat of letting Tony Rezko sing.

His primary task is to create chaos in the middle and lower classes, as he fills the coffers of his cronies and crook sponsors. His rhetoric is a little confusing for the average person to decipher, but it is essentially meaningless hype and full of empty promises for “Hope and Change.

The old saying is “give a man a fish and he eats for one day, teach a man to fish and he eats forever.” Now, some people feel that Obama is a a living example of someone who pulled himself up by his bootstraps, but if you study his connections to billionaire power brokers, you will find something else.

Congress is now chafing at the thought of a new 350 billion dollar stimulus package, and, rightly so, as the stimulus package last spring ‘08 and the bailouts this Fall did nothing to change the economy. Now, I am not an economist, but obviously everyone knows that the government is very bad at stimulating the economy. The private sector has always been better at creating new jobs. That is why, Obama’s plan to increase the capital gains tax on small businesses will end up stifling the economy.

But Thomas Jefferson once said:

“A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government. “

Anyway, this is a little comic relief from LaRouchePac playing off of Larry Flynt’s “little joke” that, the porn industry” also needed a bailout:

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