Monday, August 24, 2015

OBAMA AND THE AUGUST 24TH STOCK SELL OFF

Republicans are highly critical of President Obama's role in the August 24th stock sell off.   Obama showed no  empathy for the overprivileged or showed any concern that the sell off might affect year end bonuses of Wall Street personnel. Had the sell off occurred during the Bush Administration, things would have been handled quite differently with contingency plans, in place, for a bailout to save Christmas bonuses for hedge fund operators as was done in the last financial crisis.

1 comment:

  1. In the Right Wing Watch News, Pat Robertson claimed that the stock market crash is a direct result of God's judgment against abortion and Planned Parenthood ... and Pat is accepting donations for his cause. It's always about the money ... Can I get a Hallelujah?!

    In a roundabout way, wouldn't that make God responsible for the crash? Hmmmm.

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