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Obama Comes Out Swinging

I just happened to hear him on the radio while driving around yesterday, and by golly, he was hot!. Talking at a high school in Kansas,  It was like Destry Rides Again, putting away the umbrella and taking out the 6-guns. This is the guy I voted for. Blast these greedy motherfuckers!

If I'm not mistaken, he was voicing the tenets of the Occupy guys. Can it be Prez got message?

The "…president’s starkest attack on what he described as the 'breathtaking greed' that contributed to the economic turmoil still reverberating around the nation. At one point, he noted that the average income of the top 1 percent — adopting the marker that has been the focus of the Occupy movement — has gone up by more than 250 percent, to $1.2 million a year."
http://www.nytimes.com/2011/12/07/us/politics/obama-strikes-populist-chord-with-speech-in-heartland.html?_r=1&scp=3&sq=obama%20kansas&st=cse

Jeez, I hope he keeps it up.

Someone said to me yesterday, "People are rising up all over the world and saying "What the fuck?"

Elvis on the radio right now doing "Stuck on You."

9 comments:

Anonymous said...

His bark is getting louder, but so far his bite has been like a toothless old cur. The banksters have still got him in their pockets.

hmmmm said...

Anonymous has it right. He's exploiting popular anger to get votes. If he actually lets big banks fail, I may begin to believe him.

bayrider said...

The rich are getting richer, is this something new in history? As maddening as it is there is no solution to our problems originating from there, only campaign rhetoric.

Meanwhile, productive middle class people who have worked and saved their whole lives are being crushed as the currency devalues and they cannot get any interest from safe investments, they are forced to either speculate in risky investments or accept a negative return on their life savings even as their pensions go bust. The Fed created this environment and the beneficiaries are the wall street financial types who were Obama's biggest source of campaign cash. They would have largely gone bust in 2008 if they had not been bailed out, then their big incomes and estates would have taken a serious beating as they should have. Historically the financial crowd made huge gains in bull markets but also had horrendous losses in crisis's such as now. But the Fed and the government have backstopped their gains by subsidizing their losses with cheap money backed by taxpayers while denying mom and pop any chance to earn a little interest.

I haven't heard Obama explain anything remotely approaching the truth. It might feel good to rant against the financial elite but it doesn't get you anywhere. We are running a deficit of over a trillion dollars every year as far as the eye can see, you could tax 100% of the 1%'s income and it still won't cover a single year's deficit. This is not being addressed and this will end in disaster for everyone. Except the 1%, of course, they are going to survive no matter what.

Anonymous said...

"What are their names?
And on what streets do they live?
I'd like to ride right over this afternoon and give
them a piece of my mind about peace for mankind.
Peace is not an awful lot to ask."

Anonymous said...

When polititions are like and live as the middle class i will be more open minded. But alas they are like the 1% so we are all fucked. Raging against the 1% is a waste of time. Time spent preparing for the LONG Descent make more sense. Everyone please check out: http://thearchdruidreport.blogspot.com/

Scrap

Anonymous said...

Lloyd you should keep political crap off your blog.

Anonymous said...

Lloyd please keep the political "crap" coming

Lloyd Kahn said...

Scrap,

The archdruidreport is great!

Anonymous said...

isn't obama, by income. (if nothing else) one of the 1% ?

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