Obama and Redistribution

Discussion in 'Free For All' started by twinimini, Sep 19, 2012.

  1. Brewster

    Brewster I can choose my own title Registered Member

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    I watched an interesting documentary that pointed out that the only times in history that there was such a large disparity in employment compensation and massive bonuses, etc in the financial sector were prior to 2008 and just before the Great Depression. The period between saw regulations imposed shortly after the depression and then deconstructed beginning in the late 70's under Carter. That period was also the most productive time in American history.

    If you want to see a stable, well regulated and highly profitable financial industry just look north of the border :)

    P.S. - I seriously doubt there are many women driving home in Mercedes with their food stamp groceries. The amount of people on food stamps is serious and solutions need to be implemented. My point is that the majority of these people are not necessarily abusing the system. You have poor elderly people, sick people, a huge group of people who have lost the jobs due to the economic crisis and outsourcing, etc.
     
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