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The Biggest Myth of the Midterms

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avaistheone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-29-10 01:33 PM
Original message
The Biggest Myth of the Midterms
Source: US News & World Report

You've probably heard: The Obama administration is trying to drive business out of business.

The U.S. Chamber of Commerce complains that Obama has "vilified industries" while destroying jobs. Former General Electric CEO Jack Welch says Obama has an "anti-business bias" that enables him to wreck business opportunities with a single utterance. Fox News runs regular "war on business" segments highlighting government strangulation of free enterprise. Obama's crusade against corporate America is a regular feature of Republican campaign ads.

Somewhat overlooked are these small factoids:

Obama has overseen corporate bailouts started under the Bush administration that have funneled $600 billion of taxpayer money into banks and automakers.

The Federal Reserve under Obama has inflated the stock market well above its natural level, to the great relief of the investor class.






Read more: http://finance.yahoo.com/news/The-Biggest-Myth-of-the-usnews-420375109.html?x=0&sec=topStories&pos=1&asset=&ccode=
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ivar1 Donating Member (4 posts) Send PM | Profile | Ignore Fri Oct-29-10 01:35 PM
Response to Original message
1. class?
I hate the investor class. He should pay more attention to the working class.
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JJ Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-29-10 04:23 PM
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3. not "investor"... Predator Class is more accurate
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Stellar Donating Member (251 posts) Send PM | Profile | Ignore Fri Oct-29-10 02:00 PM
Response to Original message
2. We should keep an eye out on all the crooks in the game.
Edited on Fri Oct-29-10 02:02 PM by Stellar
It should be a daily running narrative on the U.S. Chamber of Commerce. Why don't we see more in print and other MSM about it?

*How The ‘US’ Chamber Uses Its Money To Pay Pundits, Manipulate Google, And Create Fake News Outlets*

http://thinkprogress.org/2010/10/28/thinkprogress-media-chamber/#comments

Obama's job is difficult enough with-out all of this corruption going on.
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