There is an ad sponsored by American Future Fund that I have been noticing on both TV and the internet. For the most part, I like the ad. Obama is very hypocritical when it comes to Wall Street. He's not the reformer he claims to be...and, trust me, being a registered Democrat, I know that both he and Democrats spout how the Dodd-Frank Wall Street Reform bill is supposedly some great "change." This video is very good about pointing out how Obama gets a lot of campaign donations from Wall Street and how his administration is made up of a lot of insiders. It is something Democrats don't seem to want to acknowledge. The reason why is what this video targets: it's the idea that if Obama was really out to change Wall Street, Wall Street wouldn't be donating to him, nor would he include those insiders on his staff.
There is about only one part of the video that I don't support, and that is the idea that Obama was wrong for supporting the bail out. And this gets into who the messenger is. America Future Fund's slogan is "Advocating Conservative, Free Market Ideals." These people are no enemies of Wall Street, either. Sure, maybe they wouldn't have bailed out Wall Street if they had their choice for President, but I have my doubts that they are really concerned about the people like Jack Lew (Obama's latest Chief of Staff) taking big bonuses. No, these are likely the type of people who would have let the economy tank into a depression all the while still allowing the rich bank executives to keep and walk away with their money from the banks they put under. As disappointed as I am in Obama for not restricting these executive bonuses or for not aggressively prosecuting anyone for the economic collapse, these guys have worse philosophies.
No comments:
Post a Comment