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In the discussion thread: "The Democratic Stockholm Syndrome" [View all]

Response to RiverLover (Original post)

Thu Apr 21, 2016, 10:07 AM

68. Here's one thing Obama has on Clinton: Trickle Down economics

 

Obama came to office at the nadir of an economic collapse Democrats conveniently pinned on Bush despite the fact that we bought the 401K Casino economy Republicans sold America.

In one sense, the 401K Casino economy is like a student loan: for kids to get them, their parents, who are already in debt, have to co-sign. And thanks to Democrats like Joe Biden, you cannot escape student loan debt through bankruptcy. That makes them generational. 401Ks work in much the same way in that there's no getting out. Republicans and New Democrats were ingenious in setting up a system that funnels money from the middle class to the 10%.

We've refused to accept responsibility for Bill Clinton, who pretty much resided over the consolidation of everything from media to financial institutions, the creation of Wall Street black markets, and brought us race to the bottom trade deals.

I think 90% of us hoped Obama was going to be the change candidate. Instead, we got another New Democrat.

Where Obama had the luxury of a Trickle Down, 401K inflating bailout, Hillary won't. Her "incrimental" platform will keep her married to the Casino sham with no public appetite for another Wall Street bailout.

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