Sunday, April 12, 2009

The Bush Economic Miracle - A Debacle!







While Bush was banging Condi, Laura stayed in the Watergate Hotel watching Inside Edition to keep up with the latest. The Bush economic miracle is one for the ages. Robin Hood in reverse - steal from the poor to give to the rich..., and it worked! There are more people in the upper 2% income bracket - while the chasm between them and the poor has grown even wider. This is known as the Bush economic miracle! In 1995, Senator Phil Gramm of Texas, chair of the Senate Banking committee claimed the SEC was too intrusive! So Republican leaders sponsored an SEC protection act that would shield outlaw brokerage houses and investment houses as invulnerable to cheated clients. Tell that to Bernie Madoffs clientel! The financial implosion of 2008-2009 is the direct result of the Republicans catering to the ultra rich, their true base. This financial implosion is an economic 9/11 designed to plunder the treasury and loot the banks quite literally. The Bastards!

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