wealth
nonya b asked:


Don’t they see that all of the money is going to banks. Trillions of dollars. Where is yours? Oh, he helped some of you with your mortgage. That wasn’t really for you though. THat was so the banks didn’t have to take ownership of all of your properties that are losing value–again for the banks. Please tell me your experience and where you have seen the wealth spread.

private wealth magazine
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Comments

Dave87gn on 13 August, 2009 at 10:17 pm #

The economy isnt moving because those with the money arent spending it
Bush’s plan to give billions to the banks so they could lend it out, didnt work, the banks sat on the money
Obama knows what he’s doing


Grant B on 15 August, 2009 at 10:27 pm #

Because they are liberals and they believe that if they put alot of thought and money into something and believe in themselves and not the average american, anything is magically possible!

Well it isn’t and Obama isn’t going to ’spread the wealth’. I think he has enough sense to not go communist. At least I think…


michelob86 on 19 August, 2009 at 12:43 am #

Ha. We never said he was doing that. That “spreading the wealth” myth is from Right Wing talk.

Obama’s trying to get money flowing, and circulating in the economy. That’s why banks are getting the bulk of it now, businesses will be next.


gosam777 on 20 August, 2009 at 11:35 pm #

Not a liberal, but anyway. 30% of the toxic loans AIG covers is foreign. 1/3 of those bad mortgages, bank bailouts are on foreign soil. So our tax dollars, the money we borrow and spend, is going out of the country.

That is one reason they are using this bonus money outrage, to disaract attention away from it. Hundreds of billions are spend on foreign toxic notes. A couple million on bonuses.

While this bonus circus was going on, the Fed bought over $1 trillion in treasury bill, PRINTED THE DEBT and dumped it into the economy. American dollars just collectively became worth over $1 trillion less than it was.

Folks, you are watching the wrong hand here. While you’re watching the government’s right hand with the AIG bonus magic trick, the left hand is doing things far more damaging.,


justagrandma on 23 August, 2009 at 7:26 am #

Why do conservatives believe liberals believe Obama is really going to spread the wealth? And why is that bad?
Are you saying that we should just put up cans in the 711 so we can give our money directly to the wealthy?
More than we do now that is?
Perhaps we should make up baskets and bring the big house on the hill a turkey for Christmas?
Seems like they are already doing that for us, and for some of us, just living in a home we were paying on until the interest rates rose, and the market fell and we found out that we couldn’t request a mortgage review because the bank didn’t own it anymore, so it was foreclosure for them. Thats spreading the wealth too isn’t it?
Homeless families in motels keeps the cheap motel trade going.


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