Why you won't see a tobin tax anytime soon:

http://bloomberg.com/apps/news?pid=20601087&sid=aU5yV7oBvwR8

"Obama Seeks to Raise Money From Industry He Has Criticized. President Barack Obama will host a $30,400-per couple fundraiser in New York City tonight, seeking donations from the financial services industry that he has criticized and said needs more regulation. "





Wall street owns Obama. Sometimes I think they let lehman fail in order to ensure his election.

Assuming the public doesn't catch on we should be OK. If they do, then things could get a little hairy..
 
Wall street owns this country, period. We have the best politicians money can buy, and wall street has all the money.

It's sad actually. I'm a free market guy and certainly not a lefty, but I could respect Obama more if he was actually for "change".

Instead, he is just like all other politicians..............

#1 on his list is re-election

He will take their money all the way up until his re-election and then try to bend them over.

By then the Republicans will have the house/senate and their will be gridlock.
 
Quote from telience:



Wall street owns Obama. Sometimes I think they let lehman fail in order to ensure his election.


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dam its confusing. you say wall street owns obama. if you go to the p&r thread you will find dozens of right wing wingnuts complaining that obama is an evil socialist out to destroy american capitalism. what gives?
 
Quote from vhehn:

dam its confusing. you say wall street owns obama. if you go to the p&r thread you will find dozens of right wing wingnuts complaining that obama is an evil socialist out to destroy american capitalism. what gives?

Re-election. That's Obama's only motivation for not destroying Wall St
 
Quote from clacy:

Re-election. That's Obama's only motivation for not destroying Wall St
so he is almost like a republican then? he is on the side of the wall street big money as in you scratch my back and i will scratch yours. does not sound very socalist to me.
 
Quote from vhehn:

so he is almost like a republican then? he is on the side of the wall street big money as in you scratch my back and i will scratch yours. does not sound very socalist to me.

Well in a sense, yes. They ALL will sell their principles out for hanging onto power and the power in this country goes through Wall St
 
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