Friday, May 25, 2012

OBAMA: PAY ATTENTION TO WHAT HE DOES, NOT WHAT HE SAYS

             


He's done it again. While the brilliant campaigner is out there seducing the public with his backing of the poor and the middle class against the greedy domes of Wall Street, Obama the President continues to sign bills and executive orders that protect Wall Street and put the U.S. taxpayers on the hook.

When he was firmly behind the Dodd-Frank bill to reform Wall Street, he said in no uncertain terms that "There will be no more taxpayer-funded bailouts. Period." But since Wall Street is in firm charge of Congress and the White House, Obama's actions are in direct opposition to his words.

In his latest screwing of the American people, Obama the President, as opposed to Obama the candidate, has added the COMEX and the Chicago Mercantile Exchange [plus others] into the "too big to fail" category. So when, not if, one of the big exchanges  and/or clearinghouses defaults, it will be the taxpayers who will bail them out.

When it comes to Obama, pay attention to what he DOES, not what he SAYS. Of course, there's always Romney who would be Wall Street's leading cheerleader. What's a country to do?

CHARLES STEINHACKER, publisher of Conspiracy Caoitalism
www.conservativemenace2000.blogspot.com

May 25, 2012
                                                   "Spring Arrives at Nauset Beach"   Charles Steinhacker

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