President Obama came out strong after the election. Stepping into the maelstrom of a melting economy and the dogsh*t of partisan politics, he gathered some of the best and the brightest to address the financial meltdown, the corrupt and negligent federal watchdogs of Wall Street would be tamed and leashed . It was working. The stimulus money seemed to plug the leaks on wall street and the three big auto dealers were salvaged. The banks, although many have failed over the past two years, were also bailed out . Profits for banks, wall street and private enterprise have soared in the past year.
That is where it ends. The middle class paid for the bail outs with retirement funds, small investments, their jobs, homes and any additional small luxuries they may have earned over the lifespan of their employments.
Those hit the hardest, workers fifty and over have been left holding the emptiest bag, after losing high paying jobs, using up those 401K's( Bush was so proud of )to sustain them while job hunting, discovered they were no longer considered employable. A new class of poor, those over fifty but under sixty five, having exhausted savings, retirement and unemployment, have no options.
In addition, the competition for employment is so fierce, those single woman on assistance, once the desirables for the low paying jobs in fast food, nursing homes and temporary work, live under a four year deadline requiring them to find employment-or what? Starve?
While citizens across the nation continue losing jobs and homes, President Obama seems to have gotten in with the "Let Them Eat Cake Crowd", ignoring all the indicators which tells us corporations, banks and finance have raped the citizens of the country, continue to do so by busting unions with concessions, cutbacks, whittling away at workers full time status with benefits and leaving many on the street.
Eventually who buys what industry produces, farmers grow, businesses serve up and banks seek?
It won't be the consumers of 2007 or 2010 will it?
Oh, President Obama no longer seems concerned about it.
Now we have two choices, the crazy Republicans- at least honest about supporting the rich and raping the country's workers or President Obama's crew, having gone half the distance and decided to join the uber-comfortable top 4%, I guess. Because he isn't speaking to me lately.
