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Economy
In reply to the discussion: STOCK MARKET WATCH -- Thursday, 14 February 2013 [View all]Demeter
(85,373 posts)3. Memo to the President: Actions Speak Louder Than Lofty Speeches
http://wallstreetonparade.com/2013/02/memo-to-the-president-actions-speak-louder-than-lofty-speeches/
President Obama delivered an uplifting State of the Union address to the Nation last evening, promising to reignite the true engine of Americas economic growth a rising, thriving middle class. He said it was the countrys unfinished task to restore the basic bargain that built this country the idea that if you work hard and meet your responsibilities, you can get ahead. He said it was his job to make sure that this government works on behalf of the many, and not just the few.
Unfortunately, the Presidents speechwriter is not in charge of nominating candidates who could turn those lofty goals into realities. One must wonder exactly who is in charge of nominating candidates. When it comes to the most important posts that oversee Wall Street, the one industry in America that does more than any other to prevent hardworking Americans from getting ahead, it feels like Wall Street is in charge and not the man elected by the people to run the country.
Later this morning, Jack Lews confirmation hearing to serve as U.S. Treasury Secretary, one of the highest offices in the land, will take place in the Senate Finance Committee.
There are 99 percent of Americans who never received millions of dollars in compensation and bonuses from a company bailed out by the taxpayer, despite its years of corrupt dealings. There are 99 percent of Americans who never invested in an offshore account in the Cayman Islands. There are 99 percent of Americans who did not hold an executive post in a division that hid $39 billion of subprime debt off its books. The President could have picked from any one of those 99 percent of Americans to serve as his Treasury Secretary but instead he picked Jack Lew, a former executive of Citigroup who worked in the very division that collapsed the company at the very time it collapsed and received close to $1 million in bonuses when he departed in the midst of its collapse....
OTHER APPOINTMENTS ARE SIMILARLY SHREDDED...SEE LINK
TANSY, THIS WEBSITE IS RICH IN PUNGENT OPINION...ANOTHER GO-TO SITE...
President Obama delivered an uplifting State of the Union address to the Nation last evening, promising to reignite the true engine of Americas economic growth a rising, thriving middle class. He said it was the countrys unfinished task to restore the basic bargain that built this country the idea that if you work hard and meet your responsibilities, you can get ahead. He said it was his job to make sure that this government works on behalf of the many, and not just the few.
Unfortunately, the Presidents speechwriter is not in charge of nominating candidates who could turn those lofty goals into realities. One must wonder exactly who is in charge of nominating candidates. When it comes to the most important posts that oversee Wall Street, the one industry in America that does more than any other to prevent hardworking Americans from getting ahead, it feels like Wall Street is in charge and not the man elected by the people to run the country.
Later this morning, Jack Lews confirmation hearing to serve as U.S. Treasury Secretary, one of the highest offices in the land, will take place in the Senate Finance Committee.
There are 99 percent of Americans who never received millions of dollars in compensation and bonuses from a company bailed out by the taxpayer, despite its years of corrupt dealings. There are 99 percent of Americans who never invested in an offshore account in the Cayman Islands. There are 99 percent of Americans who did not hold an executive post in a division that hid $39 billion of subprime debt off its books. The President could have picked from any one of those 99 percent of Americans to serve as his Treasury Secretary but instead he picked Jack Lew, a former executive of Citigroup who worked in the very division that collapsed the company at the very time it collapsed and received close to $1 million in bonuses when he departed in the midst of its collapse....
OTHER APPOINTMENTS ARE SIMILARLY SHREDDED...SEE LINK
TANSY, THIS WEBSITE IS RICH IN PUNGENT OPINION...ANOTHER GO-TO SITE...
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Ms. Brown goes straight to the heart of the matter. The message needs to go viral.
Ghost Dog
Feb 2013
#20
EU exec Olli Rehn says euro states can have more time to cut deficits THAT'S BIG OF HIM
Demeter
Feb 2013
#15