President Clinton Sold Out the Middle Class & Poor- President Obama Follows

When President Clinton signed off on letting U.S. home mortgages be  traded and sold in tranched derivatives he sold out the middle class. Home mortgages and home investments were the fundamental economic security of the middle class and poor in the U.S.A. I suppose some of the wealthy of London were unhappy with having middle class nuggets they couldn't get their hands on so President Clinton willingly gave them what they wanted.

The poor and middle class before President Clinton and his advisers that served President Obama too were free to not invest in the stock market with all its flim flam in quantitative trading. They were free to have somewhat secure investment in their home without worrying about tranched derivatives undermining the housing market. Those days were gone with the Clinton administration though, and now the middle class and poor have no safe investment havens to keep their money in. Instead President Obama has forced them all to be part of an Obamacare corporate health insurance plan so the rich can pluck their pay in every way.

President Clinton also sent U.S. factories south to Mexico signing off on N.A.F.T.A. and because the Clinton-Obama Democrat party won't enforce zero tolerance for illegal immigration from Mexico policy they supported cheap Mexican labor moving north to take over the U.S. low-end labor market. That's a reason why the Mexican economy grows 4% a year and people are investing their with the Mexican economy reaching the top 20 in the world while the U.S. economy has 15% under and unemployed.

The Clinton-Obama team and their sychophants say they just need another four years to add a trillion dollars a year of debt to the people of the United States. Its another bad idea by bad political leaders, from a middle class and poor point of view.