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Forum Post: We need to convert conservatives into supporters of our movement

Posted 13 years ago on Oct. 20, 2011, 10:47 a.m. EST by ArrestAllCEOS (115)
This content is user submitted and not an official statement

50 years of conservative policy has destroyed this country. Make them see the light.

Obama 2012

4 Comments

4 Comments


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[-] 1 points by vrptx (42) 13 years ago

Both party's are at fault.

We all must realize that capitalism is good, but things got out of control because of no restraints. The capital system we love has been slowly erroded for many, many years. Decades. Both party's were so busy getting drunk off the fancy perks by wallstreet They sold off our system to what wallstreet wanted that harmed us. It didn't just happen in our country. The abuse was world wide except for the communist countries. Deregulation is not good, it is too tempting for those who would abuse. It harms. Rules are good and protect against such abuses.

Also, Free trade sucks. Fair trade works.

[-] 1 points by DeadHand (45) 13 years ago

Go to politico and find the story about the GAO's report on the Fed, the one initiated by Bernie Sanders....

"obama 2012" uh, no , we arent endorsing candidates....and obama is part of hteproblem ,,,,why is bernanke still there?

[-] 1 points by Rmarks1701 (103) 13 years ago

I am a conservative, and it is interesting to note that while Obama has been in office federal spending has increased by 12.5% while the nations GDP has dropped by 2%

It is also interesting to note, that historically that when presidents interfere with Job's creation (like Obama has done) unemployment stays at a high rate for an extended period, while when a president does nothing (like Reagen did) unemployment rises then drops in a very short period of time (6 months at most).

I also have to say that Obama is very much in favor of a big government looking at everything you do and telling you how to do it (socialism), while I prefer a small efficient government that stays out of my business.

[-] 1 points by epluribusunum1 (8) 13 years ago

The Federal Reserve and Bank of America Initiate a Coup to Dump Billions of Dollars of Losses on the American Taxpayer

http://www.washingtonsblog.com/2011/10/the-federal-reserve-and-bank-of-america-initiate-a-coup-to-dump-hundreds-of-billions-of-dollars-of-losses-on-the-american-taxpayer.html

1.The bank holding company (BAC) is moving troubled assets held by an entity not insured by the public (Merrill Lynch) to the Bank of America, which is insured by the public

  1. The banking rules are designed to prevent that because they are designed to protect the FDIC insurance fund (which the Treasury guarantees)
  2. Any marginally competent regulator would say “No, Hell NO!”
  3. The Fed, reportedly, is saying “Sure, no worries” by allowing the sale of an affiliate’s troubled assets to B of A
  4. This is a really good “natural experiment” that allows us to test whether the Fed is protects the public or the uninsured and systemically dangerous institutions (the bank holding companies (BHCs))
  5. We are all shocked, shocked [sarcasm] that Bernanke responded to the experiment by choosing to protect the BHC at the expense of the public.