Obama is a horrible President for the Middle Class

[TexansFan]

The first five words on the title were enough.

[C-Gold]

1. Obama didn't bail out Wall Street, Bush did. Obama bailed out the auto industry which, while has strong connections to Wall Street, pales in comparison to the banks bailouts.

2. The stock market goes up as people become more optimistic about the economic climate and become more willing to invest. That's hardly a strictly pro-rich incentive as people in the middle class also invest.

3. Food stamps and unemployment benefits became necessary when the economy was in the shitter. Much of it will slowly phase out. In fact, the recent Democratic proposal slowly phases out unemployment benefits.

4. Actually, pretty much everyone who pays taxes. When you purchase an item, you pay taxes. You have this confused with income taxes. Which, technically, is also incorrect. If you work, you pay income taxes. However, many people in the middle class get back more from tax cuts, tax loopholes, tax incentives, etc than they pay in taxes thus they get a return [They still paid taxes but they got more than they paid].

1) You really are incredible. The bailouts aren't even over. What do you think ZIRP is? Free money at the fed window for banks. Leverage up 20/1 and loan it back to uncle same for 2-3%. RISK FREE FREE MONEY.

2) QE1, QE2, Operation twist. A trillion of stimulus. No crackdown on leverage. They are doing everything they can to boost up the market. You take those gimmecks away and the market crashes tomorrow.

3) When Bush left office 30 million people were on food stamps. The liberal media hammered him for it. We now have 46 million on food stamps. That's a 50% increase in 3 short years. Obamanomics = trickle down poverty.

4) The tax loopholes favor the ultra wealthy. They can pay an accountant 100K in taxes to avoid a million in taxes. They also favor the 50% of Americans who pay nothing in income taxes. They don't pay 50K in taxes, they don't pay 30K in taxes, they don't pay 10K in taxes, they pay nothing to live here NOTHING.

The funny thing is in 2008 Obama talked about how bad things were and about "income inequality". Rich people own stocks and poor people don't. The stock market is up and rich people made a lot of money. Instead of 30 million on food stamps which is a disgusting number in itself we now have 46 million on food stamps. But Red is bad and blue is good, so Obama can do no wrong in your eyes.

[Balco10]

Remember Obama hates the USA!
He is out to destroy it at once!