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REPLY TO THREAD
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Subject
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Riddle Me This. The Dirty Little Secret of Corporate Taxes, and Obama's Historic Stock Bull Market
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Original Message
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So for all those that say Obama wants to destroy the economy, or Obama's socialist programs and ideology are hurting the economy, then why is it that the stock market has gone from 6400 points to now at a record 5 year high of 13,200 points? Just a straight and honest question.
If Obama was/is so bad, wouldn't the stock market be at 4000 points now? I understand the reason for this silly stock market rise is because the Fed and helicopter Ben who works for Obama keeps printing more and more money. Inflation is still ok, along with other variables in check, but the debt keeps on rising because of it.
So the rich keep getting richer and the middle class and the poor continue to get shafted is the way I see it. Although, I do see the money trickle down effect helping the middle class a little bit more, but still, all the big CEOs and upper management has profited tremendously since Obama has been in office. It is funny that most of Silicon Valley, with all of the corporate elite rich, are mostly Democrats. You would think they would be Republicans because they want to pay lower taxes or whatever, but hell, all of these big companies are getting away with corporate loop holes and the likes of Apple, Cisco Systems, GE and other big names don't have to pay a single dime in corporate taxes because they have off shore bank accounts.
So have these corporate companies making record profits now hired a lot more people? Doesn't seem to be the case really.
So it looks like the problem lies in the corporate greed hurting the economy more so than anything Obama has to do with it.
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