Obama Was Nice To Bankers Despite 'Fat Cat' Remark, Says NY Post

New York Post:

In public, President Obama is on a tear against Wall Street. In private, not so much

Over the weekend, Obama attacked fat-cat investment bankers, telling "60 Minutes" he didn't become president to aid and abet Wall Street -- which, only a year after the financial meltdown and taxpayer bailout, is now scheduled to hand out tens of billions of dollars in bonuses to its bankers and traders.

Read the whole story: New York Post

Comments

[lilalove]

07:23 PM on 12/21/2009

It was up to us to make change happen and we failed. We are lazy. A couple $20's and a vote in November is not enough to make bold change happen. We have to march in huge number in order to make our law makers take notice. They have very short memories. That has always been how change takes root... the marching of the masses gives the more cowardly law makers courage. Where were the liberals?
Despite the massive let down from the left and our total failure to create a movement for real change.. Obama got reform done. The bill is not perfect.. but it's a pretty good start. All we need to do is pass a budgetary measure called "the public option" and hook it onto the reform bill. That does not need 60 votes. That only needs 51.
So, even with liberal laziness and liberal lemon sucking and finger pointing.. "the public option" can still become a reality if we really want it to be. But the ball is again in our court. How bad do we want it?

[lilalove]

07:22 PM on 12/21/2009

I was asking not lecturing. But your attitude is so confrontat­ional that I doubt you can recognize the difference­.
Hillary and Bill were defeated for every reason Obama did not come out in front of the bill and push his weight around. What Obama said was that "we were the ones we have been waiting for". Where were you? Did you go to Washington and march for the public option? Because Obama needed us to get the job done and we did not show up. The tea baggers showed up instead. The tea baggers spooked the conservati­ve democrats into not supporting the public option.. and there was nothing Obama could say to make them support it if pretty much all they heard from was the angry tea baggers in their districts. They want to keep their jobs. It's that simple.

[invest in jobs]

09:43 AM on 12/17/2009

Jobless claims up again
so much for that V shaped recovery..­.
good articles; http://fin­anceopinio­nss.blogsp­ot.com

Time for a 2nd jobs stimulus f

[yourmomscalling]

06:25 PM on 12/16/2009

In public, President Obama is on a tear against Wall Street. In private, not so much

Thats because half the presidents team is made up of ex bankers

[Jimboy17]

03:50 PM on 12/16/2009

Q: What's the difference between a Democrat in office and a Republican in opposition­?

A: Nothing.

[lvdragonlady]

02:52 PM on 12/16/2009

And we are suppose to believe this guy because why???? was he there ??

[Hysterian68]

02:32 PM on 12/16/2009

Obama threw the interests of the Democratic Party and the American people under the bus by jumping in bed with big pharma and the Wall Street blood suckers back in January. He is paying the price today for his perfidy and his disloyalty to voters who elected him.

Democrats now must concentrat­e on salvaging what they can from what is left of the House and Senate efforts at health INSURANCE reform; start looking for a replacemen­t for Obama who now becomes, like his predecesso­r, a weakling, low in the polls, and who hobbles to the 2012 finish line.

HEALTH REFORM was, remember, Obama MAJOR DOMESTIC PRIORITY. His failure to advance that sinks his presidency­. It need not sink the brave effort of progressiv­es and other reformers who have worked tirelessly for the SINGLE PAYER OPTION and for the PUBLIC OPTION.

[mikerobjohn]

01:57 PM on 12/16/2009

Lies, more Lies! Obama is doing a fantastic job with his mop!

[booki]

01:53 PM on 12/16/2009

kiss, kiss, kiss......­...


come on...to pump billions into the banks.....­..with no rules (the banks donot have any rules, they only inflict rules.....­.......)

millions of people, still faced w/ foreclosur­e, no jobs, no hope.
oh well, at least the banks are thriving.

[Son of Sensi]

01:41 PM on 12/16/2009

Anyone posting here who truly believes that Obama gives a good god damn about the average american taxpayer is high, or went into a comma during his inaugurati­on.

[mountainweb]

11:30 AM on 12/16/2009

The fact is that obama has sold his soul to the banks and screwed the taxpayers at every turn. He sold out to Pharma to finance his health care efforts. I am NOT seeing the change that was voted for here.

[globality]

11:08 AM on 12/16/2009

He was probably servicing them under the table

[hypnotoad72]

01:01 PM on 12/16/2009

I want that job!

/ducksforc­over

[pj-smith]

01:34 PM on 12/16/2009

ew

[FoonTheElder]

09:38 AM on 12/16/2009

The 'fat cat' remark was just for public consumptio­n on 60 Minutes. When he got to the meeting with Wall Street it was obvious who was the boss holding the purse strings and who was the employee.

Here's a clue, Obama wasn't the boss.

[1088]

04:46 AM on 12/16/2009

President Obama is a nice person period! He doesn't insult or demonize people, not even his worst enemy.

[PhilipTaylor]

04:17 AM on 12/16/2009

MOST OF US thought he was for the Middle-Cla­ss! I wonder why!

BUT CORPORATIO­NS WIN:

1. Wall Street
2. Insurers
3. Military Contractor­s

What is left for P00R Unemployed Americans?

$10 Million to $100 Million Bonuses for Failure on Wall Street
Massive 30-40 Million New Forced Customers for Ensurers
56,000 New Military Contractor­s

Insurmount­able burden of BUSH DEBTS
Likely Followed by Massive Inflation

[confuseddemocrat]

04:20 AM on 12/16/2009

so i guess you don't believe summers who states that the increase in GDP will lead to jobs creation eventually

[PhilipTaylor]

04:23 AM on 12/16/2009

We can HOPE!

Nothing has been done for Main Street that has worked - except cash for clunkers!

[LeftCoastLarry]

04:56 AM on 12/16/2009

I believe there will be some benefit eventually­.
But so much more could have been done immediatel­y.
I believe the best course of action would have been to reinstitut­e Glass Steagall and directly help homeowners along with an immediate incentive to encourage a strong domestic manufactur­ing base in the form of "protectio­nist" tarrifs.
But then, I'm not congress and I'm not the president.