1) Bush and Obama gave Goldman Sachs billions of dollars to trade themselves. They went out and created a big stock market that really only they were positioned well enough to make huge profits off of.

2) By giving Goldman money we didn’t let the free market clean up. People could see how Goldman messed up with too much leverage and were there to pick up the pieces. However, we saved Goldman with massive bailouts and thus the free market didn’t get to clean up.

3) So now we have a “market” that Goldman basically is on top of via free money and their government power. And the hands that will inevitably need to clean up Goldman at some point, have all been weakened by not being able to get in and pick up the pieces in a free market.

In other words, a lot of good money went into a big money pit, Goldman, and it is all wasted.

4) This current S&P 500 futures stock bubble is a waste of national economic energy. This isn’t going to mean a hill of beans for most average Americans.

We have lost time creating jobs.
We have lost time in creating a foundation for sustainable economic growth.

We should have been focused on jobs and housing.
Instead we have a stock bubble that is only widening wealth gaps and creating no foundation for our future.

She would fit right in on Poetry night.

BTW, what’s the poetry theme tonight? If that hasn’t been discussed, JR’s “jobs saved or created” would probably be pretty fun.

Yes…those ARE the current “qualifications” for all those jobs!

p.s. I added up your list and you “saved or created” FOUR JOBS in that list! I have forwarded the statistics to the Labor Department. thx for doing your part!

Checking the oil in my truck makes me a mechanic, making tacos makes me a chef, star gazing makes me an astronomer, bandaging the papercut on my finger makes me a doctor, etc.

Former President George W. Bush, outlining plans for a new public policy institute, on Thursday said America must fight the temptation to allow the federal government to take control of the private sector, declaring that too much government intervention will squelch economic recovery and expansion.

Obviously, Bush must have heard somebody say he was missed. He’s right, after 10 months of the Socialist, we do miss him–BUT NOT THAT MUCH!!

KnightHawk: Hey is it too early to call for impeachment?

fedupartist: Yes, it’s only 6am here in the west. Let’s start at 7am!

Spot on!