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President meets with bankers after televised blast (Obama refers to 'fat-cat bankers' on CBS )
MarketWatch ^ | Dec. 14, 2009, 11:30 a.m. EST ยท | Ronald D. Orol, MarketWatch

Posted on 12/14/2009 10:19:09 AM PST by Ernest_at_the_Beach

Obama refers to top executives at 'fat-cat bankers' on CBS program

WASHINGTON (MarketWatch) -- President Barack Obama is sitting down Monday with the top executives of the nation's largest banks at the White House, with echoes of "fat cats" ringing in everyone's ears.

On the eve of the meeting, Obama slammed bankers on network television, calling them "fat-cat bankers" on CBS's "60 Minutes" program.

"I did not run for office to be helping out a bunch of fat-cat bankers on Wall Street," Obama said in an interview on the television show. "They're still puzzled why it is that people are mad at the banks.

"Well, let's see, you guys are drawing down $10 [million], $20 million bonuses after America went through the worst economic year that it's gone through in -- in decades, and you guys caused the problem. And we've got 10% unemployment."

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: fatcats; obama; wallstreetbanks
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1 posted on 12/14/2009 10:19:10 AM PST by Ernest_at_the_Beach
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To: Ernest_at_the_Beach

Obama’s hatred of Corporate America is bubbling over and flowing out of his mouth. More of “Middle America” are witnessing the true “candidate” that they elected and DON”T like what they should have had the sense to see 15 months ago! It makes me sick that we are paying for STUPID VOTERS!


2 posted on 12/14/2009 10:21:27 AM PST by princess leah
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To: Ernest_at_the_Beach

a new group BHO hates (among white cops, doctors, insurance people, etc.)


3 posted on 12/14/2009 10:21:50 AM PST by MNDude (The Republican Congress Economy--1995-2007)
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To: Ernest_at_the_Beach

There is no fatter cat than the one who flies around the world endlessly on a 747 at our expense, living it up at the White House, and so on endlessly.


4 posted on 12/14/2009 10:23:35 AM PST by ducdriver (judica me, Deus, et discerne causam meam de gente non sancta. (Ps. 42))
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To: Ernest_at_the_Beach

It seems like every day, he manages to make another group of people, obama haters.

And I think thats a good thing.

You go guy!!


5 posted on 12/14/2009 10:23:53 AM PST by New Yawk Minute
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To: ducdriver
Are you referring to Air Force One?

It now has Spinner Rims.

6 posted on 12/14/2009 10:24:55 AM PST by I Buried My Guns ( B.L.OA.T. : Buy Lots Of Ammo Today)
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To: I Buried My Guns

Seriously, is there anyone who lives a fatter lifestyle? Maybe some sultan or imam, but in this country?


7 posted on 12/14/2009 10:26:38 AM PST by ducdriver (judica me, Deus, et discerne causam meam de gente non sancta. (Ps. 42))
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To: Ernest_at_the_Beach
...and you guys caused the problem."

Obama...YOU LIE!!

OBAMA COMPLICIT IN THE ECONOMIC CRISIS



THE MAN WHO DESPISES AMERICA


AWAKEN, O AMERICA, YOUR LIBERTY IS CALLING (Inspiring Video)

8 posted on 12/14/2009 10:27:02 AM PST by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
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To: Ernest_at_the_Beach

I don’t know if I’m more offended by his constant socialist views, or the fact that he can’t let a day go by without being in front of a camera.

I know I should be an informed citizen and watch evereything he says and does, but I just can’t stand to look at him.


9 posted on 12/14/2009 10:27:22 AM PST by fatnotlazy
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To: ducdriver

Neither party is worth a damn and he is certainly calling the kettle black.


10 posted on 12/14/2009 10:27:35 AM PST by Sequoyah101 (Half of the population is below average)
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To: Ernest_at_the_Beach
I guess Obama is conducting a seminar to teach Wall Street they were a bunch of damn fools for supporting him.
11 posted on 12/14/2009 10:28:12 AM PST by colorado tanker (What's it all about, Barrrrry? Is it just for the power, you live?)
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To: ducdriver
There is no fatter cat than the one who flies around the world endlessly on a 747 at our expense, living it up at the White House, and so on endlessly.

Agreed. I would love to see a bank CEO angrily retort something like, "And we're not going to cooperate with the First Fat-cat who clearly has no idea how banking works."

12 posted on 12/14/2009 10:28:22 AM PST by kromike
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To: Ernest_at_the_Beach
How about fat punk blacks. We could start all kinds of name calling with racial epithets thrown in for good measure.
13 posted on 12/14/2009 10:28:31 AM PST by jonrick46 (We're being water boarded with the sewage of Marxism.)
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To: Ernest_at_the_Beach

14 posted on 12/14/2009 10:28:57 AM PST by BenLurkin
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To: New Yawk Minute
Absolutely. Insult those who actually have the power to improve the economy.

Watching this petulent weasel implode and blame everyone else is the perfect run-up to the 2010 elections.

15 posted on 12/14/2009 10:29:32 AM PST by Col Frank Slade
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To: Ernest_at_the_Beach

New York will become the next Detroit if Obama, Dodd and Frank manage to drive the financial industry to Hong Kong or Singapore or somewhere else.


16 posted on 12/14/2009 10:30:46 AM PST by ALPAPilot
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To: princess leah

Obama’s own Treasury head is a “fat-cat banker” who protected the bonuses of his “fat-cat banker” cronies.

ODumbo - the gift that keeps on giving. That’s a 2012 ad that writes itself.


17 posted on 12/14/2009 10:32:18 AM PST by Carling (Somewhere in Kenya, a village is missing its idiot.)
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To: ducdriver

The irony about flying is today’s event. I think i heard on fox that some said they must miss the meeting because Washington was socked in and their planes couldn’t land.


18 posted on 12/14/2009 10:32:30 AM PST by bert (K.E. N.P. +12 . Lukenbach Texas is barely there)
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To: All

“”I did not run for office to be helping out a bunch of fat-cat bankers on Wall Street,” Obama said in an interview on the television show. “They’re still puzzled why it is that people are mad at the banks. “

For those who want to see how entrenched Obama is to those “fat cat bankers”, read this Rolling Stone article. It’s long, but excellent. Nearly everyone in his financial cabinet is from one or another of the big banks that got bailed out. Some were doing both at the same time!! While they held massive stock in these companies and worked on legislation that controlled who got what amount in TARP money.

Trust me, this is an excellent article. He did make a slam at tea baggers and I chided him in the comments for it, but it was one small paragraph in a six page article so I can ignore that for the helluva good job on the journalism throughout the rest of the article.
http://www.rollingstone.com/politics/story/31234647/obamas_big_sellout


19 posted on 12/14/2009 10:33:03 AM PST by autumnraine (You can't fix stupid, but you can vote it out!)
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To: Ernest_at_the_Beach

When will someone, anyone in politics or the media and SLAM this SOB? WHEN??????

The GOP has their head up their ass.


20 posted on 12/14/2009 10:34:38 AM PST by gathersnomoss (General George Patton had it right.)
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