Pete McCluskey.
Lifetime Supporter
The following was written by a friend of mine to the Editor of the Financial Review, it was published yesterday. I think he has a point.
SPONSOR OF GREED.
I think it is a touch hypocritical of U.S. President Barack Obama to attack Wall St greed in his Kansas speech.
All the big banks in the U.S. went broke in 2008-09 and should have been put into bankruptcy. Instead the Government bailed them out to allow them to continue being greedy and to add insult to injury they used taxpayers money.
How can Obama claim that this greed is hurting the American middle class-
he sponsors it.
SPONSOR OF GREED.
I think it is a touch hypocritical of U.S. President Barack Obama to attack Wall St greed in his Kansas speech.
All the big banks in the U.S. went broke in 2008-09 and should have been put into bankruptcy. Instead the Government bailed them out to allow them to continue being greedy and to add insult to injury they used taxpayers money.
How can Obama claim that this greed is hurting the American middle class-
he sponsors it.