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Government Promises Jobs … Delivers Pain
Posted By admin On September 22, 2012 @ 1:54 am In Money Watch | Comments Disabled
Washington’s Blog 
September 22, 2012
Government leaders talk about creating jobs … but their actions just hurt the average American.
Mr. Self-Sufficient Job Creator Mitt Romney’s Bain Capital destroyed jobs left and right .
Romney launched Bain Capital with money from the leaders of El Salvador’s death squads .
And a federal bailout saved Bain  from ruin.
But surely Mr. Liberal Help-the-Little-Guy Barack Obama is fighting for the worker?
Unfortunately not … Obama thinks that unemployment is a good thing , because it shows that the economy is productive.
They both support terrible government policies , the off-shoring of American jobs , never-ending bailouts and ruthless behavior by the big banks  … and so we will continue to have Depression-level unemployment  under either a second Obama term or a president Romney.
– There are lots of jobs for the 1%, but few for the poor 
In case we weren’t clear about how unhelpful government policies are in relation to job creation, let us give some example:
– An economics professor says we’ll have “a never-ending depression unless we repudiate the debt, which never should have been extended in the first place”  … but the government refuses to ask big banks to write down their debts
– All leading independent economists have said that the economy cannot recover until the big, insolvent banks are broken up , but the government has just helped them to get bigger 
– The Federal Reserve caused the Great Depression and the current crisis , and has done nothing but help the fatcats at the expense of the little guy. And yet the government has given the Fed more power than ever 
– Government policies send manufacturing jobs and dollars abroad 
– The government’s monetary policy is only making things worse 
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URLs in this post:
 Washington’s Blog: http://www.washingtonsblog.com/
 Image: http://i.imgur.com/rn9Cz.gif
 destroyed jobs left and right: http://www.amazon.com/The-Buyout-America-Destroying-ebook/dp/B002SV37FO
 money from the leaders of El Salvador’s death squads: http://www.democracynow.org/2012/8/10/romneys_death_squad_ties_bain_launched
 federal bailout saved Bain: http://www.rollingstone.com/politics/news/the-federal-bailout-that-saved-mitt-romney-20120829
 unemployment is a good thing: http://www.washingtonsblog.com/2011/09/obama-unemployment-okay-jobs.html
 partisan rhetoric: http://www.washingtonsblog.com/2011/07/the-founding-fathers-tried-to-warn-us-about-the-threat-from-a-two-party-system.html
 help the ultra-rich: http://www.washingtonsblog.com/2010/04/unemployment-for-those-who-earn-150000-or-more-is-only-3-while-unemployment-for-the-poor-is-31.html
 politicos in D.C. : http://online.wsj.com/article/SB10001424052970203752604576641683529031952.html
 expense of everyone else.: http://www.washingtonsblog.com/2011/08/d-c-is-like-a-separate-country-one-which-couldnt-care-less-about-the-american-people.html
 off-shoring of American jobs: http://www.washingtonsblog.com/2010/12/theres-a-huge-difference-between-what-is-good-for-american-companies-versus-what-is-good-for-the-american-economy.html
 never-ending bailouts: http://www.washingtonsblog.com/2012/03/big-banks-continue-to-suck-at-the-government-teat-with-never-ending-stealth-bailouts.html
 ruthless behavior by the big banks: http://www.washingtonsblog.com/2009/11/bernanke-blames-banks-for-slow-recovery-and-high-unemployment-then-gives-them-a-pat-on-the-back-and-a-wink.html
 Depression-level unemployment: http://www.washingtonsblog.com/2011/06/unemployment-during-the-great-depression-has-been-overstated-and-current-unemployment-understated-weve-now-got-depression-level-unemployment.html
 intentionally squashed: http://www.washingtonsblog.com/2010/03/the-fed-is-responsible-for-the-crash-in-the-money-multiplier-and-the-failure-of-the-economy-to-recover.html
 this: http://www.huffingtonpost.com/robert-auerbach/limiting-loans-creates-unemployment_b_1890276.html
 we’ll have “a never-ending depression unless we repudiate the debt, which never should have been extended in the first place”: http://www.washingtonsblog.com/2011/07/economics-professor-well-have-never.html
 nothing has been done to rein in fraud today: http://www.washingtonsblog.com/2010/10/fraud-caused-great-depression-and-this.html
 cover up fraud: http://www.washingtonsblog.com/2011/08/real-reason-sec-has-been-shredding.html
 the economy cannot recover until the big, insolvent banks are broken up: http://www.washingtonsblog.com/2009/10/debunking-the-too-big-to-fail-myth.html
 just helped them to get bigger: http://www.washingtonsblog.com/2011/07/if-we-dont-break-up-the-giant-banks-now-theyll-be-bailed-out-again-and-again-dragging-the-world-economy-down-with-them.html
 - Excessive leverage helped cause the Great Depression and the current crisis, but the government has encouraged more leverage: http://www.washingtonsblog.com/2011/04/excessive-leverage-helped-cause-the-great-depression-and-the-current-crisis-and-government-responds-by-encouraging-more-leverage.html
 Federal Reserve caused the Great Depression and the current crisis: http://www.washingtonsblog.com/2011/06/bernanke-is-either-not-very-bright-or-not-very-honest-he-admits-he-doesnt-know-why-we-have-a-weak-economy-but-hes-the-one-who-weakened-it.html
 the government has given the Fed more power than ever: http://www.washingtonsblog.com/2009/10/should-we-give-the-fed-more-power-or-less.html
 send manufacturing jobs and dollars abroad: http://www.washingtonsblog.com/2011/07/of-course-unemployment-is-rising-government-policy-is-guaranteeing-it.html
 only making things worse: http://www.washingtonsblog.com/2012/09/as-predicted-bernanke-launches-qe3-which-will-destroy-the-economy.html
 this: http://www.washingtonsblog.com/2010/03/no-wonder-the-economy-isnt-improving.html
 this: http://www.washingtonsblog.com/2010/07/no-wonder-the-outlook-for-the-economy-is-unusually-uncertain-the-fed-is-killing-it.html
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