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Originally Posted by Street Pharmacist
How is that income gain on Obama? He can control wall street now? Lol
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Yes. Absolutely he can. Government spending and the federal reserve are like the crack addicts and enablers you see on "Intervention". If one is buying one is spending. And if the one buying is big enough, interest rates become inconsequential. 4.5 trillion dollars piled into banks. Mergers and acquisitions are through the roof. Stock buy backs are going like crazy. It's like candyland for rich people. Average people are thrilled their mortgages are relatively cheap. But that's chump change compared to the real money.
They raised a few taxes and lowered a few taxes; added some banking rules; regulated some markets here and there; shot a couple terrorists in the face but by and large the Obama crew has done nothing but accelerate the wealth gap at unprecedented levels. From day one Obama promised to address this issue. It's probably his number one concern and admittedly his number one failure.
I get it though. The other guys made it too difficult. Creepy bankers gonna creep. All along there was never anything he could do.