Obama invoked the Savings and Loan crisis
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I just can't believe the hypocracy of this speech. Oh wait, its from over a year ago. OK, that explains it. He doesn't talk like that anymore after allowing the Fed to bailout the banking industry. John McCain might have done the same thing, AFAIC. They both (just about all in the admin & congress) are beholden to the banking industry and that's how its been for over 100 years. Obama is not doing anything but reading from the script written by his puppet masters. Business as usual.
zliminator 2 years ago
Barack Obama knows nothing about economics. We don't need more regulation--we need the government to stop propping up the fraudulent fractional reserve banking system.
If he gave a crap about the economy he'd be calling for an audit of the Federal Reserve instead of blaming our problems on what the country was founded on: freedom!
PorpoiseMuffins 2 years ago