“It’s a hedge,” he says. “Wall Street likes divided government, but the question is will they support this president, and I believe in 2012 they will. They are telling me that they are willing to support him as much as they support a Republican.”Time to support Anti Obama, pro Capitalist Business:
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Financial journalist Charlie Gasparino discusses his latest book, Bought and Paid For He explains why he thinks Obama public bashing of Wall Street was duplicitous He also explains who would get hurt the most by letting the Bush tax cuts expire
And why is that? It’s because the White House and Wall Street have engaged in crony capitalism, Gasparino says.
“These big companies like GE, like the big Wall Street firms, make money more than Main Street when big government starts doling out the benefits,” he says. “They know that the Republican Party’s activist wing is the tea partyers, who are dead set against crony capitalism, dead set against bailouts.”
We must direct our money and our investments.
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