In December 2011 Obama addressed the Democrats in Osawatomie where he amused these cultists by savaging trickle-down economics while heaping fulsome praise on Roosevelt’s policies: the same policies that kept the American economy in depression until WWII forced Roosevelt to change course. (Compare Australia’s record during the Great Depression with that of Roovelt’s).
Obama — the man who was praised by a corrupt media and sycophantic leftists masquerading as journalists as an outstanding intellect — didn’t know there is no such thing as trickle-down economics. The so-called trickle-down theory of prosperity is a canard that Samuel Rosenman, a Roosevelt speechwriter, concocted to malign Republicans and free markets.
The ignorance of history and economics that Obama displayed in his Osawatomie speech is truly staggering and exposed him as a thorough-going historical ignoramus with a fifth rate intellect who is totally lacking in intellectual curiosity. But this travesty of history that Obama mindlessly parrots is exactly what George Soros believes. It is this and nothing else that explains why he stands four-square behind the ignorant reactionary that occupies the White House. Continue reading George Soros’s fascist economics part 2