Posted on 12/28/2010 11:01:08 PM PST by Innovative
Along the gilded corridors of Manhattan's largest banks, hedge funds and private equity firms and inside Washington's financial lobby shops, Obama and the rest of his administration are regarded with a disdain so thick it often blurs to naked loathing, a fact that has significant implications for the president's reelection campaign and his ability to operate over the next two years.
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase and a supporter of Obama in 2008, has been among the more outspoken critics of the White House's anti-Wall Street rhetoric.
At a public forum this year, Morgan Stanley Chairman John Mack, who typically backs Republicans but supported Obama in 2008, expressed frustration with what he viewed as the demonization of the industry.
Former supporters of Obama on Wall Street say he scored cheap political points by roasting "fat cat" bankers, pushing draconian financial reforms that could jeopardize U.S. competitiveness and stocking his administration with financially illiterate political hacks.
(Excerpt) Read more at dyn.politico.com ...
What did they think will happen when a committed communist is elected president of the US?!
BS, this is for public comsumption only, Wall Street and Obama are in bed together.
Well guess what, its not only there that Obama & his mindless evil minions are held in such esteem. Just ask any clear thinking person on the street and they'll say the same.
It’s just too damn bad that 45% of the public continue to approve of him as a president.
Read the entire article, it’s such naked obama worship it’s not even funny.
I agree. Wall Street is scared sh**less of the Tea Party. They would rather have a RINO who would keep the good times rolling.
US Gov. and American People=Venus and Mars
Go to Wal-Mart. Look at the shoppers. Only then will you understand his approval rating.
Not bashing wal-mart. Just if you visit it you will see a good cross section of voters in the not homeless class. They are a good example of who they poll.
WalMart sucks and has nuked millions of small family stores out of business. I shop there from time to time but I can see what happened. Plus WalMart is the number one pusher and marketing arm of the Chinese communists. It can drop dead and I won’t miss them
http://preview.tinyurl.com/24kcj4z
Bought & Paid For - Charles Gasparino
“As the recession continues, President Obama has chastised the “fat cats” who feast off government bailout money while unemployment remains high and smaller businesses struggle.
But according to Gasparino, Obama is faking his outrage, and his calls for new policies to rein in banks that are “too big to fail” are just pabulum. In reality, Obama has climbed into bed with Wall Street CEOs, giving them what they want so they will support his liberal, big-government agenda. As a result, the big banks responsible for the credit crisis get rescued, while small businesses and ordinary Americans get crushed by higher taxes and irresponsible spending.
Gasparino draws on interviews with dozens of key CEOs and political players to trace the roots of Wall Street’s twisted love affair with one of the most liberal presidents in American history. He shows how, for decades, big banks and big business have colluded with big government, thereby laying the groundwork for today’s shady dealings, and how the same bankers Obama now publically reprimands have supported him-not because he promises change, but because he promises business.
Written in Gasparino’s characteristic smart yet no-nonsense style, this book is both an exposé and a wake-up call to all Americans to strike back against the people and policies that are ruining our country.”
Bashing Walmart is a simpleton’s game. I think the number 1 enabler of the Red Chinese is the US Gov and it’s friggin treasonous State Dept. BTW, where do you shop and buy all those US made products? Target, Kmart, Home Depot, Lowe’s? They all sell the same stuff...some made in China, some in the US and some other places. As for those small family store you seem to be so fond of....the blue city centers and their ghettos are full of these type of stores and the poorest pay a lot more to these (Korean) shop owners and so fortunate to avoid the lower prices at the big bad Walmarts, at least according to some......
These elitists stink in so many ways. I am glad they are in the wilderness as amoral social marxists and wannabe global economic fascists.
They went with the Kenyan to get bailed out rather than take responsibility for their own mess they created and reforming themselves and their failed business culture and practices. They relate to the Kenyan as one of their own - without ethics, character and morals and distainful towards the inferior American public they shook down (the Tea Party).
This amoral product of the Ivy Towers is the “me generation” in full blossom. As it says in the article, they are loyal to liberalism which means they are purely materialistic empty vessels. They will lie, cheat and steal to serve themselves but they will support the oppressive and twisted politically correct social agenda of the Left to demonstrate their “humanity.”
It’s the worst of all worlds packaged into egos the size of Manhattan’s skyscrapers. It reminds me of hollywierd on steroids.
Venus and Mars got along all too well. Go back and study mythology. Vulcan (god of fire) is the one who is going to be upset.
Feigned outrage from a bunch of Marxist Bankers nothing more Jamie Dimon his favorite Banker just met with him a few weeks ago and note the Banker told the President how to act.
“Jamie Dimon, chairman and chief executive officer of JPMorgan Chase and a supporter of Obama in 2008, has been among the more outspoken critics of the White House’s anti-Wall Street rhetoric. “It’s harmful, it unfair and it leads to bad policy,” Dimon recently told The New York Times Magazine, adding that he told Obama: Former “President [Abraham] Lincoln could have denigrated all sSoutherners. He didn’t.”
Now they are faking outrage lol after crashing the World’s Economy and walking away while your pension plans/401k’s invested in the toxic garbage THEY CREATED and sold took huge hits and their bonus’s took no loss a bunch of crooks who supported him and Acorn in the first place act hurt give me a break. How about your savings accounts while banana ben continues QE and devalues the dollar and your purchasing power to boot these same creeps party on!
Fed siphons $100 billion from savers
http://finance.fortune.cnn.com/2010/11/03/fed-siphons-100-billion-from-savers/
Obama, Dimon Met at White House to Talk Economy, Official Says
December 08, 2010
The great bank heist of 2010
Commentary: Wall Street wins, Main Street pays — again
http://www.marketwatch.com/story/wall-street-wins-main-street-pays-again-2010-12-21?pagenumber=2
And look they have a Rhino who says he is there to serve them...
“Alabama Republican Spencer Bachus, the incoming chairman of the House banking committee, suggested Congress and federal regulators should play a subservient role with banks.
“In Washington, the view is that the banks are to be regulated, and my view is that Washington and the regulators are there to serve the banks,” Bachus told The Birmingham News in an interview. “
http://blog.al.com/sweethome/2010/12/spencer_bachus_finally_gets_hi.html
Screw WalMart and all the others you mention. Cheap Asian imports is what has kept Americans somewhat happy as their jobs got sent to China. I’ll bash WalMart all day if you want me too
They were the first and the biggest with extensive ChiCom imports. The others you mention were late to the game and are two bit players. They had to imitate WalMart as far as cheap Chinese imports...or die
I can dial back 30 years ago and America was a better place with more small retailers and no WalMarts or Home Depots. The wealth was better spread around. A more vital middle class
Matter of fact I like big corporations that produce big things in big factories that have lots of small suppliers. Such as steel, rubber and automobiles. Now we have big temples to consumerism (WalMart) instead of emphasizing production on US soil.
bump
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