Obama is having us all for lunch.
Posted on 09/29/2009 3:13:06 AM PDT by Scanian
In the depths of the financial crisis last year, people like Morgan Stanley's John Mack, BlackRock's Larry Fink, Greg Fleming (then of Merrill Lynch), JP Morgan's Jamie Dimon and Goldman Sachs' Lloyd Blankfein were telling everyone that candidate Barack Obama was a "moderate," and moderation was what this country needed.
What a difference a year makes. They won't admit it in public -- but in private conversations, the top guys on Wall Street are feeling burned.
The guy who seemed like such a steady voice -- vowing to curb runaway spending and restoring order to the banking system and the economy as a whole -- is instead so driven to achieve his big-government policy goals that he and his policy people are ignoring their own economic advisers on the severe economic costs that his agenda will cause.
(Excerpt) Read more at nypost.com ...
That’s ok boys. Hitler fooled a lot of folks early on too.
No wonder they got caught in a financial disaster, they couldn’t even figure Obama out. Was it because they allow their view of the world to be filtered only through MSM?
Duh. Idiots trusted a pretty politician. Duh.
TOO MANY DUMB PPL
Same people who invested with Madoff?
Nice move, a**holes, financing and supporting Marxist vermin into power.
Obama is having us all for lunch.
Gasparino is blowing smoke for JPM and GS. Dimon and Blankfein are getting exactly what they want from Obama.
If Wall Street was fooled by obama, well... Wall Street was not fooled by obama. Not the real Wall Street. This new generation of helium-breathing rocket-scientists and toilet-paper hoards, holed-up in their multimillion dollar Chelsea lofts; these spoiled-rich-kid hedge fund lemmings, yeah...they were fooled. By pretty much everything.
This is a really disturbing- but not surprising article. In particular, this got my attention:
...The funniest story I’ve heard lately came from a former Wall Street executive and longtime Democrat who anxiously recounted a recent conversation with Obama.
The executive said he told the president that he’s at a disadvantage because he’s relatively inexperienced in economic matters during a time of economic crisis. “That’s why I have Valerie,” came Obama’s reply.
“Valerie” is senior adviser Valerie Jarrett — a Chicago real-estate attorney and one of Obama’s closest friends, who has deep ties to the Windy City’s Democratic political machine...
toilet-paper hoarders, that is.
Wizard’s with numbers but blind on people. Doesn’t surprise me. Suckers...
LOL. Sweet.
They are not as smart as they thought they were. Not many people are.
Second article today from a major paper dissing The One. People are slowly waking up.
That, and the fact that they are located in NYC—Lefty Land.
They thought he’d be another Clinton with another Rubin advising him.
Surprise!
That’s like saying you feel confident because you’ve got the village idiot as your right-hand man.
Meet the new boss, same as the old boss.
Sssshhh! Didn’t you get the memo? We’re not supposed to compare Obama to Hitler. No matter how many similarities there are. It’s impolite and immoderate.
As one old-timer said soon after the ‘87 crash when somebody mentioned that Wall Streeters were such “brilliant” guys: “Are you kidding? This is all they can do. If you shut down securities trading, they’d be on street corners playing 3 card monte.”
My son’s High School newspaper ran the headline “Not the Change We Were Looking For”! LOL! High Schoolers have figured it out!
We all knw that if his color scheme were different, or if he were a Republican, he would have been dragged through the mud long ago.
Indeed- and Valerie Jarrett has already brought us Van Jones and God only knows who else. Her leftist roots are deep and far reaching. That he is relying on her for policy in this nightmare is telling.
It is the same. Worse really. Look at how Obama handled the $13 billion payout to GS. It went via AIG. Obama sent out his ACORN/Working Families people to protest at AIG execs homes in Fairfield county to distract from where the big money—billions—was going. Gasparino has been very upset over the public sentiment toward GS and JPM. He’s helping them out with this article...attempting to tell everyone that no....GS and JPM aren’t running Obama...he’s not doing what they want...he’s on OUR side...
yeah right..
"Welcome to the party pal." ...Someone cue John McClain (picture needed)
Don't these companies have boards of directors? How can a boards of directors keep such incredibly stupid people in positions of authority?
Why would moderation be what was needed? I don’t understand that mindset for Wall Street. Conservatism works best in every arena I thought.
You in bed with the dogs you’ll wake up with fleas.
Ya have to wonder just how many stupids voted for this ass clown just because he has a pretty smile?
No, it is because they are infected with the same elitism as the politicians in DC are infected with. They think they are smarter than everyone else so when people start saying things that go against what they think, they ignore it and in some cases actually get mad about it, "How dare they tell ME what to think, peasants!"
Fleas can be fixed.... hopefully before their disease spreads.
Burned by Obama: Wall St. execs feel betrayed
Welcome to knowing what it feels like to be an American.
vowing to curb runaway spending and restoring order to the banking system and the economy as a whole —
And they believed this crapola???? No wonder everything went swoosh down the tubes!
These people couldn’t find their butts with both hands apparently. Zero was NEVER a moderate. EVER. He told you he was going to fundamentally change things. He told you the rich were going to pay and pay some more and he told you what he was going to do.
What part of that did they not understand?
Ah yes, Valerie. The genius at providing pleasant, “affordable” housing to people in need. I’m sure we’ve all seen the photos.
As a money manager myself (not with a big firm - and one who didn't vote for this clown) the thing driving the market is liquidity. There is so much cash on the sideline that some of it coming into the market is what is driving this.
Amazingly, far more money has gone into corporate bonds in the last few months than into US stock funds.
A second reason: you can easily graph the fall in Obama’s ratings versus the Dow. They perfectly correlate inversely.
Charlie Gasparino, for those that watch CNBC, has been almost as negative towards Obama as Rick Santelli. To think he is carrying Goldman's and Morgan's water is laughable. He is critical of them as well, when it is appropriate.
I wasn’t in the stock market... until I saw it crash.
Then I put a big chunk of money in on AIG, Citigroup, and Bank of America.
Why?
‘Cause after the government bailed them out, it *AIN’T* letting them fail... not with that kind of money on the line. The political backlash would be catastrophic.
The government can’t control things any more without causing financial catastrophe (i.e. hyperinflation). You’re going to lose your butt.
Maybe they’re using all that stimulus money to stimulate the market until they decide it is time for another crash.
My words to them? "Fool me once, shame on you. Fool me twice ... "
Marxism is anti capitalist and you would think wall street peoples would know that simple truth.
Stupid is as stupid does and when any capitalist is a democrat, I shake my head and am baffled by their stupidity.
Yep. The ‘one’ is a mere shell. He has surrounded himself with power-minded women, Michelle, Valerie,etc., probably just like Mommy. He’s incapable of original thought, let alone considered judgement. Talk about the absolutely WORST man in the office of president. The only samrt thing he did was ask Gates to stay on. This lightweight belongs nowhere near matters of National Security. Ever.
Wall Street, the new Rock-n-Rollers. “Money for nothing, and your kicks for free.”
Stupid is as stupid does.
Anyone who believed Dear Reader was a moderate was definitely on the stupid side of ignorant.
a 10 year old could have told them he was a RADICAL.....all one has to do is look at who he associated himself with.
Valerie Jarrett’s parents were COMMUNISTS!!! Wall Street Idiots sure didn’t do their due diligence.
“Barack Obama was a “moderate,” and moderation was what this country needed.”
These people are truly stupid. By this statement, they are saying that Bush was an extremist of some sort. I hope they all suffer from Obama’s moderation.
I wouldn't make comparisons to Hitler. He isn't sending anybody off to gas chambers, etc. IMHO it would be more apt to identify him as a community organizer with a Napoleon complex.
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