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Originally Posted by Guest
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What the government did for housing they did for insurance, eliminate underwriting rules and eliminated pre-existing conditions. In both situations people were covered who never should have been qualified. The left keeps equating profits as being dirty. There upside down economic model continues to deter the economic recovery which was rebounding in 2009.
corporations are flush with cash but use it to buy back their stock vis a vis investing. Frankly given Obama's economic miscalculations business are laying off people and will just hold because of the over regulation by Obama's policies and the uncertainty in todays'market.
the FED is working in concert with Obama and its policies benefit rich investors ( fat cats) (1%) (strawmen) Hillary, Bernie and Obama blame for the worlds problem.
Meantime rich people get to use cheap money belonging to the ( 99%)
So because of QE and because of no interest txapayers are caught and small investors (retirees) are more than likely paying the bank to hold their savings.
Socialism Obama style is what the progressive party stands for. They want a single payer plan for insurance because as human being whey believe they entitled to free health care. but noting is free. and they forget that binary equation of where there is a right there are responsibilities. they don't practice that last part of the equation. Free is broadly defined for them. they will spend the country broke for free stuff
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