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Showing posts from April, 2012

Obama Signs a Phony – and Dangerous – “NO JOBS” Bill

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Obama and his Republican soul mates have pulled another fast one, passing a “JOBS” bill that provides no jobs, but instead further deregulates Wall Street’s crisis-making machine. The president has joined his big business backers in an attempt to repeat Bill Clinton’s brief and unstable “boom” by “ inflating another hi-tech bubble to keep the casino wheels spinning for a few years.” President Obama is ramping up his phony progressive campaign rhetoric, trying to once again masquerade as something other than a Wall Street servant. But this time around, he is weighted down by his actual record in office, which shows Obama to have been a savior to the bankers and money speculators. Now, the president has joined with Republicans to create a whole new class of con men and corporate criminals who will further fatten the fees of banksters by blowing up another multi-trillion dollar bubble of doomed and fraudulent hi-tech firms. To add insult to injury, Obama, his congres...