Tuesday, June 26, 2012

Obama Sided With The Rich Over The Poor Hence The Financial Crisis Continuing

 

Barack Obama

U.S. President Barack Obama has spent America into a massive hole, in doling out $1 trillion dollars to mostly wealthy financial institutions and businesses that ripped off the American people, then crashed and burned for doing so, when their extortionate fees were not met by the working class.

This has not created a healthy economy, but a severely indebted one, as Obama added $5 trillion to the national deficit in just under four years. Rather than go with austerity, in making much needed budget cuts, living within one’s means and not spending money the government does not have, Obama did the opposite to terrible results. What‘s even more alarming is Obama is determined other world leaders should do the same, when it has not worked for him in America. It's time for a change.

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