As I watch the disciples of the failed, "trickle down economics" policies going rabid on CNBC ... It is becoming apparent that these people fear President Obama's success FAR much more then they do the consequences of another depression.
IF the President is correct with his economic theories and if he can turn this country around ... it might once and for all show these frauds for what they are - rellics of fanatical false religion.
I honestly believe they would rather see this country fail then to see the President be right.
One should also keep in mind that this sort of failure actually benefits the super rich who have received the special tax cuts for the last 8 years. When the economy turns down like it has and companies get in financial trouble, they don't just disappear. What happens is that their assets are quickly gobbled up by those same sort of individuals and companies who actually profited from the sale of all the "toxic" loans that helped get us here.
PLUS, strong companies who are still profitable - but that have seen their stock prices pulled down by the weight of the market(many by more than half!) suddenly find themselves becoming targets of hostel take overs as the robber barons swoop in to buy them out for pennies on the dollar. The result? In the end the very few will own even more and have even more power.
No, not everyone wants This President to rescue our economy and some are working very hard to keep him from doing so.
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