Forum Post: reasons why OWS protestors are hypocrites part 2
Posted 13 years ago on Oct. 6, 2011, 8:55 p.m. EST by narcosys
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4 Occupy Wall Street says that it is deeply concerned about the rampant corruption in our financial system.
The Federal Reserve is the very heart and soul of our financial system, and yet there has been very little real criticism of the Fed by Occupy Wall Street protesters.
If Occupy Wall Street truly wanted to do something about our financial system they would be calling for the Federal Reserve to be shut down.
But their hero, Barack Obama, actually nominated Ben Bernanke for a second term as Federal Reserve Chairman and Obama continues to support him 100 percent even after a horrible track record of failures that is legendary.
5 Occupy Wall Street says that it is angry that big corporations “have consistently outsourced labor and used that outsourcing as leverage to cut workers’ healthcare and pay.”
This issue alone should be enough for Occupy Wall Street to call for Barack Obama to resign.
The Obama administration has pushed very hard for new “free trade” agreements with Panama, South Korea and Colombia and the Obama administration is currently making the Trans-Pacific Partnership (“the NAFTA of the Pacific“) a very high priority.
The Obama administration has been very aggressively trying to expand the “free trade” policies that are costing us millions of jobs.
In fact, members of the Obama administration run around and openly talk about how there are things that “we don’t want to make in America”.
For example, the following is what U.S. Trade Representative Ron Kirk recently told Tim Robertson of the Huffington Post about the Obama administration’s attitude toward keeping manufacturing jobs in America….
Let’s increase our competitiveness… the reality is about half of our imports, our trade deficit is because of how much oil [we import], so you take that out of the equation, you look at what percentage of it are things that frankly, we don’t want to make in America, you know, cheaper products, low-skill jobs that frankly college kids that are graduating from, you know, UC Cal and Hastings [don't want], but what we do want is to capture those next generation jobs and build on our investments in our young people, our education infrastructure.
Unions should be screaming bloody murder about this.
But instead they are going to line up behind Barack Obama once again in 2012 like good little sheeple.
6 Occupy Wall Street says that the big health insurance companies “have spent millions of dollars on legal teams that look for ways to get them out of contracts in regards to health insurance.”
Well, as I have written about previously, the health insurance companies helped to write huge portions of Obama care. Instead of reducing the power of health insurance companies, Obama care actually gives them more power and will actually increase their profits. The sad truth is that large portions of Obamacare are virtually identical to a bill that was written by the health insurance trade association in 2009. Under Obama care, our health care costs will go up even faster and the quality of our health care will continue to go down.
7 Occupy Wall Street says that they are angry because the big banks “have taken our houses through an illegal foreclosure process, despite not having the original mortgage.”
Occupy Wall Street is correct about this.
So where has Barack Obama been on this issue? The reality is that the Obama administration has done very little about the horrific foreclosure abuses that have been going on.
why do you insist that everyone here loves obama ? you are misinformed
I think someone just really doesn't like Obama.
You realize issues like all that you've pointed out are bigger than just that one man you love to criticize so much. Please educate yourself on how our government works and what holding the position of president really entails.