Unemployed Presidents and “Structural Unemployment”

( – promoted by buhdydharma )

Bill Clinton is prominently quoted in Paul Krugman’s recent column about “structural unemployment.”

For example, former President Bill Clinton recently told an interviewer that unemployment remained high because “people don’t have the job skills for the jobs that are open.”

Krugman refutes this nonsense in one line.

Unemployment has surged in every major occupational category.

So there is no category of “job skills” that would equip millions of workers for millions of jobs that don’t exist.

But debating sold-out hures like Bill Clinton and Barack Obama about public policy is beside the point.

Neither of those narcissists ever gave a damn about the public, and the bottom line was always “What’s good for me is good enough for the country.”

Since Bill Clinton left the White House, he has collected more than $100 million in deferred bribes from his grateful corporate clientele, after eight years of nonstop de-regulation and runaway mergers and acquisitions.

More than $100 million in earnings!

And the really important question isn’t “How did he “earn” all all the money?”

The really important question is “When did he earn it?”

And it should be obvious even to a hockey-puck that Bill Clinton earned all that money in the White House, and his fantastic income is nothing but a huge deferred bribe.

So if you want to impress Barack Obama…

If you want Barack Obama to take an interest in the public good instead of always and only what’s good for Barack Obama…

Forget about Krugman’s arguments and any other variety of “public policy debate,” because all of it would pass right through Obama’s empty head like static on a radio, and instead of debating, slam Bill Clinton into prison for public corruption.

Send Obama this message!

“If you ever collect a dime from your corporate buddies, you’re going to prison, sucker!”

“You’re working for us now, you’re working for the public from now on, or you’re working for nobody!”


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  1. And for another obscene example from the other side of the aisle, consider Phil Gramm, who reversed the Glass-Steagall Act of 1933 with Gramm-Leach-Bliley and introduced us to the joys of global financial meltdown with his proud sponsorship of the Commodity Futures Modernization Act of 2000, both bills signed by Bill Clinton, and both of them very lucrative for international banks but poisonouis for the rest of us.

    And now…

    As of 2009, Gramm is employed by UBS AG as a Vice Chairman of the Investment Bank division. UBS.com states that a Vice Chairman of a UBS division is “…appointed to support the business in their relationships with key clients.” He joined UBS in 2002 immediately after retiring from the Senate.

    Res ipsa loquitur!

    Phil Gramm should be rotting in jail for the rest of his miserable life, but instead he’s collecting millions of dollars (or euros) in deferred bribes.

    Enough is enough!

    Res ipsa loquitur!

    Every public official who ever takes money from any entity he benefitted while in public office should go directly to jail!

    No more deferred bribes!

    • RUKind on September 29, 2010 at 7:00 am

    Bill mde his $100,000,000 in 1998 when the Glass-Steagall Act was repealed. If you don’t know what that meant, wiki it.

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