President Obama saved capitalism - yes...he saved their asses

And they say he is a Socialist…Seriously?

Wisdom, compassion, and courage are the three universally recognized moral qualities of men.
Confucius

What strikes me as crystal clear is that just as the bulk of the American voter is having buyer’s remorse, so are the corporate donors, those heads of corporations and the super wealthy may also be questioning what it is they invested their money in when they bought all those Republican politicians.

The facts are there; one President Obama did save capitalism. The mess this President inherited would have been insurmountable had McCain won the election. It is also true that the recovery has not gone as planned…it has been sluggish and erratic…on the one hand you have record profits for corporations and on the other the general population has been denied their much wanted decrease in unemployment.

Two: of course, there were forces at work against it; the President not only ran head on against special interests on top of trying to fix the mess Republicans left him; but if you are a smart businessman you also look at economic indicators and you see how in all Republican administrations of the past business has done considerably worse than with a Democratic one.

Having tax breaks for the super rich is nice, I am sure they enjoy it but if these super rich really think about it this is not just unfair but counterproductive. Basically, what Republicans are doing is decimating the middle class and therefore destroying all their purchasing power. What that means is that they will not buy or use the services that make the very rich wealthy. With that said, who is left to buy these things that will bring big profits to that top 2% of the economic class?

GOP Republican House of Representatives leadership

If I were one of the big corporate donors who bankrolled the Republican tide that carried into office more than 50 new Republicans in the House, I would be wary of what you just bought.

“For no matter your view of President Obama, he effectively saved capitalism. And for that, he paid a terrible political price.

Suppose you had $100,000 to invest on the day Barack Obama was inaugurated. ... As of election day, Nov. 2, 2010, your $100,000 was worth about $177,000...” Timothy Egan

SOURCE: http://www.brainyquote.com/quotes/topics/topic_wisdom6.html#ixzz1KWAR9Wt5