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In reply to the discussion: Prez: “He’s very down-to-earth, someone who really cared and wants to make a difference" [View all]Fire Walk With Me
(38,893 posts)34. You know nothing about Obama and the powers behind him and every president?
THE CONFIDENTIAL MEMO AT THE HEART OF THE GLOBAL FINANCIAL CRISIS
http://upload.democraticunderground.com/10023513088
It's ALL about the money and power. Obama has worked with them and protected them and they've screwed us blind and the student loan SCAM is just another aspect.
SCAM. They're screwing us blind. Okay? Unilaterally. Sucking up our tax dollars and asking us to be grateful as they do it.
If you want to increase interest rates but people will scream because =they're already usurious and are actually ruining lives=, you can make people GRATEFUL if you INCREASE interest rates after making them think they were going to hugely increase.
In the end, students are still paying more than before. That is the endgame of capitalism. That is why there is over a trillion dollars of student loan debt. Someone is getting extremely rich. You have missed whom Obama appoints, and who he wishes to appoint, on money matters?
THE CONFIDENTIAL MEMO AT THE HEART OF THE GLOBAL FINANCIAL CRISIS
By Greg Palast
http://www.democraticunderground.com/10023513088
How to make people HAPPY they're now paying more than ever. Exactly like how Obama signed into permanence, several aspects of the Bush tax cuts for the rich, under the =other= utter bullshit scam/crisis of the "fiscal cliff". OH BOY, HE SAVED US FROM TEH CLIFF! No, he fucked us and handed more of OUR money to the corporations and the rich.
In case anyone hadn't noticed, giving our tax dollars to the extremely rich is pretty much a hobby of Obama's, as well as protecting those same abusers:
Corporate Profits Have Grown By 171 Percent Under Obama -- Highest Rate Since 1900
http://www.alternet.org/news-amp-politics/corporate-profits-have-grown-171-percent-under-obama-highest-rate-1900
"Average annual corporate profit growth under Obama is the highest since 1900, whereas profit growth declined during both Bush presidencies. As a share of the economy, corporate profits have never been higher.
Unfortunately, this profit deluge has not been shared by workers, whose wages as a percentage of the economy have fallen to all-time lows. Workers also got dinged by the recent increase in the payroll tax, which was large enough to wipe out a minimum wage increase in some states."
8 Huge Corporate Handouts in the Fiscal Cliff Bill
http://www.alternet.org/news-amp-politics/8-huge-corporate-handouts-fiscal-cliff-bill
"Throughout the months of November and December, a steady stream of corporate CEOs flowed in and out of the White House to discuss the impending fiscal cliff. Many of them, such as Lloyd Blankfein of Goldman Sachs, would then publicly come out and talk about how modest increases of tax rates on the wealthy were reasonable in order to deal with the deficit problem. What wasnt mentioned is what these leaders wanted, which is whats known as tax extenders, or roughly $205B of tax breaks for corporations. With such a banal name, and boring and difficult to read line items in the bill, few political operatives have bothered to pay attention to this part of the bill. But it is critical to understanding what is going on.
5) Subsidies for Goldman Sachs Headquarters Sec. 328 extends 'tax exempt financing for York Liberty Zone,' which was a program to provide post-9/11 recovery funds. Rather than going to small businesses affected, however, this was, according to Bloomberg, 'little more than a subsidy for fancy Manhattan apartments and office towers for Goldman Sachs and Bank of America Corp.' Michael Bloomberg himself actually thought the program was excessive, so thats saying something. According to David Cay Johnstons The Fine Print, Goldman got $1.6 billion in tax free financing for its new massive headquarters through Liberty Bonds."
The Untouchables: How the Obama administration protected Wall Street from prosecutions
http://www.guardian.co.uk/commentisfree/2013/jan/23/untouchables-wall-street-prosecutions-obama
Yes, Virginia, the Rich Continue to Get Richer: the Top 1% Got 121% of Income Gains Since 2009
http://www.nakedcapitalism.com/2013/02/yes-virginia-the-rich-continue-to-get-richer-the-1-got-121-of-income-gains-since-2009.html
U.S. banks in 2012 post highest profits since '06
http://www.reuters.com/article/2013/02/26/us-usa-fdic-earnings-idUSBRE91P0N820130226?utm_source=Daily+Digest&utm_campaign=de8376aab3-DD_2_27_132_27_2013&utm_medium=email#.US5jjkXSlU8.twitter
This Years Subsidy to Wall Street = the Amount of This Years Sequester Cuts
http://www.washingtonsblog.com/2013/02/this-years-subsidy-to-wall-street-the-amount-of-this-years-sequester-cuts.html#.US_yiFwwnHY.facebook
Dont Blink, or Youll Miss Another Bailout
http://www.cnbc.com/id/100466032
America faces more than a dozen deadlines, all caused by billionaires and wealth transfer
http://americablog.com/2013/02/america-faces-more-than-a-dozen-deadlines-all-caused-by-billionaires-and-wealth-transfer.html
Bank Bailout 2: Obama Lets Mortgage Abusers Off the Hook
http://www.commondreams.org/headline/2012/02/09-5
http://upload.democraticunderground.com/10023513088
It's ALL about the money and power. Obama has worked with them and protected them and they've screwed us blind and the student loan SCAM is just another aspect.
SCAM. They're screwing us blind. Okay? Unilaterally. Sucking up our tax dollars and asking us to be grateful as they do it.
If you want to increase interest rates but people will scream because =they're already usurious and are actually ruining lives=, you can make people GRATEFUL if you INCREASE interest rates after making them think they were going to hugely increase.
In the end, students are still paying more than before. That is the endgame of capitalism. That is why there is over a trillion dollars of student loan debt. Someone is getting extremely rich. You have missed whom Obama appoints, and who he wishes to appoint, on money matters?
THE CONFIDENTIAL MEMO AT THE HEART OF THE GLOBAL FINANCIAL CRISIS
By Greg Palast
http://www.democraticunderground.com/10023513088
How to make people HAPPY they're now paying more than ever. Exactly like how Obama signed into permanence, several aspects of the Bush tax cuts for the rich, under the =other= utter bullshit scam/crisis of the "fiscal cliff". OH BOY, HE SAVED US FROM TEH CLIFF! No, he fucked us and handed more of OUR money to the corporations and the rich.
-Retains the 10 percent, 15 percent, 25 percent, and 28 percent income tax brackets from the Bush tax cuts permanently
-Retains the 33 percent and 35 percent income tax brackets from the Bush tax cuts for taxable income under $400,000 (single), $425,000 (head of household), and $450,000 (joint filers). Imposes 39.6 percent tax rate on income above this level.
Details of the Fiscal Cliff Tax Deal
http://taxfoundation.org/blog/details-fiscal-cliff-tax-deal
In case anyone hadn't noticed, giving our tax dollars to the extremely rich is pretty much a hobby of Obama's, as well as protecting those same abusers:
Corporate Profits Have Grown By 171 Percent Under Obama -- Highest Rate Since 1900
http://www.alternet.org/news-amp-politics/corporate-profits-have-grown-171-percent-under-obama-highest-rate-1900
"Average annual corporate profit growth under Obama is the highest since 1900, whereas profit growth declined during both Bush presidencies. As a share of the economy, corporate profits have never been higher.
Unfortunately, this profit deluge has not been shared by workers, whose wages as a percentage of the economy have fallen to all-time lows. Workers also got dinged by the recent increase in the payroll tax, which was large enough to wipe out a minimum wage increase in some states."
8 Huge Corporate Handouts in the Fiscal Cliff Bill
http://www.alternet.org/news-amp-politics/8-huge-corporate-handouts-fiscal-cliff-bill
"Throughout the months of November and December, a steady stream of corporate CEOs flowed in and out of the White House to discuss the impending fiscal cliff. Many of them, such as Lloyd Blankfein of Goldman Sachs, would then publicly come out and talk about how modest increases of tax rates on the wealthy were reasonable in order to deal with the deficit problem. What wasnt mentioned is what these leaders wanted, which is whats known as tax extenders, or roughly $205B of tax breaks for corporations. With such a banal name, and boring and difficult to read line items in the bill, few political operatives have bothered to pay attention to this part of the bill. But it is critical to understanding what is going on.
5) Subsidies for Goldman Sachs Headquarters Sec. 328 extends 'tax exempt financing for York Liberty Zone,' which was a program to provide post-9/11 recovery funds. Rather than going to small businesses affected, however, this was, according to Bloomberg, 'little more than a subsidy for fancy Manhattan apartments and office towers for Goldman Sachs and Bank of America Corp.' Michael Bloomberg himself actually thought the program was excessive, so thats saying something. According to David Cay Johnstons The Fine Print, Goldman got $1.6 billion in tax free financing for its new massive headquarters through Liberty Bonds."
The Untouchables: How the Obama administration protected Wall Street from prosecutions
http://www.guardian.co.uk/commentisfree/2013/jan/23/untouchables-wall-street-prosecutions-obama
Yes, Virginia, the Rich Continue to Get Richer: the Top 1% Got 121% of Income Gains Since 2009
http://www.nakedcapitalism.com/2013/02/yes-virginia-the-rich-continue-to-get-richer-the-1-got-121-of-income-gains-since-2009.html
U.S. banks in 2012 post highest profits since '06
http://www.reuters.com/article/2013/02/26/us-usa-fdic-earnings-idUSBRE91P0N820130226?utm_source=Daily+Digest&utm_campaign=de8376aab3-DD_2_27_132_27_2013&utm_medium=email#.US5jjkXSlU8.twitter
This Years Subsidy to Wall Street = the Amount of This Years Sequester Cuts
http://www.washingtonsblog.com/2013/02/this-years-subsidy-to-wall-street-the-amount-of-this-years-sequester-cuts.html#.US_yiFwwnHY.facebook
Dont Blink, or Youll Miss Another Bailout
http://www.cnbc.com/id/100466032
America faces more than a dozen deadlines, all caused by billionaires and wealth transfer
http://americablog.com/2013/02/america-faces-more-than-a-dozen-deadlines-all-caused-by-billionaires-and-wealth-transfer.html
Bank Bailout 2: Obama Lets Mortgage Abusers Off the Hook
http://www.commondreams.org/headline/2012/02/09-5
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Prez: “He’s very down-to-earth, someone who really cared and wants to make a difference" [View all]
bigtree
Aug 2013
OP
Then why did he just raise college loan interest rates from 3.4% to 3.8%?
Fire Walk With Me
Aug 2013
#1
You fail to mention that if the President didn't sign it, rates would have gone two times higher.
bluestate10
Aug 2013
#27
Do I have to explain it to everyone each and every time? IT WAS A SCAM.
Fire Walk With Me
Aug 2013
#41
Obama signed it. Didn't send it back for an actual reduction in rates, so students are effectively
Fire Walk With Me
Aug 2013
#5
Does not excuse Obama signing it, and the rest of the items to which I've linked, and more.
Fire Walk With Me
Aug 2013
#13
And if he didn't sign it, and rates went up even more, you'd blame him for that too.
Drunken Irishman
Aug 2013
#32
You know nothing about Obama and the powers behind him and every president?
Fire Walk With Me
Aug 2013
#34
AND you have no compassion for the helpless and weak? Piss off. To Ignore you go.
Fire Walk With Me
Aug 2013
#69
Did you check to see what the rates was going to if some action had not been taken? It was going to
Thinkingabout
Aug 2013
#17
Have you understood what I meant by "sadist" and "capitalist" and "smoke and mirrors"?
Fire Walk With Me
Aug 2013
#21
I can see you would have rather the rates double. If you are a student I am happy for you.
Thinkingabout
Aug 2013
#33
"I can see you would have rather the rates double." WTF? Exactly where did I say that?
Fire Walk With Me
Aug 2013
#36
Maybe you was nit aware the rates was going to double before this bill passed. If Obama
Thinkingabout
Aug 2013
#37
I was fully aware the rates were going to double. And like the other scams I mentioned,
Fire Walk With Me
Aug 2013
#39
You seem to be suffering from Dislike Syndrome, I dont your problem will be fixed.
Thinkingabout
Aug 2013
#43
Thanks for the Charlie Brown-level "The doctor is in" pop psychology.
Fire Walk With Me
Aug 2013
#44
So if student loans had never been available today's students would not have a problem.
Thinkingabout
Aug 2013
#45
Drop the ad hominem pop psychology or off to Ignore you deservedly go. Meanwhile, facts on today's
Fire Walk With Me
Aug 2013
#46
It's your choice, you do wharever you like. I do not get my feelungs hurt when I am placed on
Thinkingabout
Aug 2013
#47
Please read my other posts. It was a purposeful scam to allow ANY amount of rate increase. n/t
Fire Walk With Me
Aug 2013
#30
Smoke and mirrors. Do you not understand disaster capitalism and the sadist?
Fire Walk With Me
Aug 2013
#10
Because the winger meme of "Obama is a dictator so therefore congress does't matter" isn't
uponit7771
Aug 2013
#24
Obama is neither a dictator nor a powerless slave. He's signing legislation hurting the poor
Fire Walk With Me
Aug 2013
#25
That's not what this post portrays nor do wingers, they're whole meme is Obama is in complete
uponit7771
Aug 2013
#29
THEY ARE ALL COMPLICIT WITH THE ULTRA-RICH WHO OWN EVERYTHING BEHIND THE CURTAIN.
Fire Walk With Me
Aug 2013
#42
How about I post a Trend regarding Obama so you can walk away from HIM?
Fire Walk With Me
Aug 2013
#61
Hey, beautiful pictures of Democrats, and like minded people! My kinda folks.
freshwest
Aug 2013
#52