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David Sirota

David Sirota

Posted March 19, 2009 | 01:53 PM (EST)

Economic Credibility Gap: Obama Says People Are Angry About AIG, Axelrod Says No One Cares


I'm genuinely confused. Yesterday, White House chief of staff Rahm Emanuel told America he sees the use of taxpayer money to pay AIG million-dollar bonuses as an unimportant distraction. Then President Obama said, no, the country is angry, and has every right to be, and his assertion was supported by new polls showing an outraged American public. Now today, White House adviser David Axelrod insists nobody cares about AIG ripping off taxpayers. "People are not sitting around their kitchen tables thinking about AIG," he told the Washington Post.

Look, I get that nobody in Establishment Washington genuinely cares that taxpayers are being ripped off, and I get that the super-wealthy political class from millionaire investment banker Emanuel to millionaire consultant Axelrod to millionaire banker Tim Geithner gives much of a shit that our taxpayer dollars are being used to make new millionaires on Wall Street. But their boss, President Obama, is right: A huge majority of Americans, most of whom are not millionaires, are really angry and has a right to be angry. And we're not talking sorta angry, we're talking about Gallup's new poll showing a whopping 84% of Americans saying they are "outraged" or "bothered" by the AIG mess.

The only question, then, is why the president is letting his aides contradict him and disparage the majority of the country?

These latest mixed messages are yet another indication that a the White House is creating a major economic credibility gap for itself. On the biggest economic issues of the day, the administration is saying contradictory things, raising questions about who is really in charge in the administration.

If the White House doesn't get out of the tone deaf D.C. echo chamber and get back on message, my bet is that very soon Republicans' faux populism that portrays Democrats as part of the problem is going to start getting traction.

I'm genuinely confused. Yesterday, White House chief of staff Rahm Emanuel told America he sees the use of taxpayer money to pay AIG million-dollar bonuses as an unimportant distraction. Then Presiden...
I'm genuinely confused. Yesterday, White House chief of staff Rahm Emanuel told America he sees the use of taxpayer money to pay AIG million-dollar bonuses as an unimportant distraction. Then Presiden...
 
 
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HUFFPOST SUPER USER
mjc
Avoid printing any..
10:11 AM on 03/20/2009
It is totally unrealistic to believe that President Barack Obama had no idea about these bonuses and the lack of transparency as to where the bailout money was going. Chris Dodd can also quit playing the innocent, didn't know where it was going, had no idea, too! Obama's disciples refuse to believe their leader could be stretching the truth. The rest of us have to call for accountability. If Geithner gets the axe, his replacement will probably be no better, just better informed and careful. Axelrod, Rahm, and Geithner are the cool people, and think Obama really values that sort of attitude. Obama himself has been described endlessly as a very cool sort of dude, unflappable, calm in crisis or chaos; one of the reasons lots of Americans voted for him. He's pragmatic, not ideological, the supporters say. Axelrod and Rahm are also especially focused on gaining the political power to stay on the top and Geithner has been playing the game on Wall St for some time. We ordinaries might call it arrogance, but the end justifies the mean and the Obama administration plans to attain that end.
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HUFFPOST SUPER USER
sunny123
so.....it's empty
03:47 PM on 03/19/2009
Right on, David, as usual.

Echo chamber speaks again. The administration is getting away from the President and it needs to stop. They did a much better job when they were campaigning than they are doing now. President Obama needs to round them up and tell them to stay on task, just like they do in elementary school. They are all acting like spoiled brats. Each one thinks he knows what is going on when really, they are only there to brief the President, we didn't elect them, we elected him. What they say is meaningless.
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03:51 PM on 03/19/2009
"Echo chamber speaks again"--good one! And while we chase echoes, looking like 3-year olds surrounding a soccer ball, they get away with murder.
03:45 PM on 03/19/2009
Deny there is a problem and maybe it will go away. Looks like the Obama toadies in DC are turning Bushian on us. Or maybe they're just shedding their game faces and we're seeing the real people finally. Meet the new boss..........
03:28 PM on 03/19/2009
I personally, do sit around the kitchen table with friends and family and ponder on AIG and their 'bonus' problem. Seems to me that the have's are really trying to stick it to the have not's---I am one of the have not's. I'm glad President Obama is doing something about this. I also sit around the kitchen table and ponder my own budget.....it's not looking very good, going to have to make some cutbacks in the 'fun or entertainment' category.
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03:05 PM on 03/19/2009
Mythic symbols and narratives function as the icons on the Control Panels of our minds.. By now, American mythology has been analyzed and weaponized. Propagandists know how to push our buttons and leverage that powerful knowledge to great advantage.

* [[[Full-Spectrum Dominance / Our Commonweal///[[[{{{DISSENT}}}]]]]]]
"Full spectrum dominance/over our Commonweal/powered by suppression of dissent"

* [[[Full-Spectrum Dominance / Our Common Weal///[[[{{{Chris Dodd}}}]]]]]]
See the bus?

* [[[Full-Spectrum Dominance / Our Common Weal///[[[{{{Rachel Corrie}}}]]]]]]
Now the brackets are Caterpillar tractor treads.

It's our updated, upgraded, nuclear-powered Goering Method: declare an attack and denounce opponents on psycho-spiritual grounds, e.g., he’s a Muslim! No, he’s The One! (ie, MCain’s campaign.) Shazam! A skinny guy from Illinois now looks like a Messiah or Anti-Christ. That's how we power social-engineering projects. Between those poles flows the power of myth.

Mechanists make the fundamental mistake of trying to use mechanical tools on a mythosociopsychical problem: Justice. You can't machine Justice. But that's what Rove tried to do with our Justice Department.

Scott Horton tells us, Rove “calls himself ‘Grendel,’ ‘Moby Dick,’ and ‘Lord Voldemort.’ He is the man ever behind the scenes, manipulating and driving the events on the surface without being seen.”[http://www.harpers.org/archive/2008/02/hbc-90002498]

Coincidence?

Who’s using the power of myth to power weapons-grade domestic propaganda for Dems?

Lao-Tzu: "When right Way is used by Wrong-headed, Way still works, now for wrong reasons."
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HUFFPOST SUPER USER
stack
USW Blogger
02:55 PM on 03/19/2009
Mr. Sirota,
You were wrong about this yesterday when you claimed Geithner knew about the bonuses earlier than last week. And you're wrong again today. No one cares what Emanuel says about this. No one is paying attention to what Axelrod says -- but you, apparently. They care what Obama says, and he got it right. That's enough said. Stop trying to make something out of nothing.
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03:26 PM on 03/19/2009
The point is not who's to blame; the point is, WH tried to throw Dodd under the bus. For starters, see this:

Blaming Dodd for AIG-Gate Misses the Mark
Mike Lillis
The Washington Independent
http://washingtonindependent.com/34688/blaming-dodd-for-aig-gate-misses-the-mark

So for the administration’s industry-friendly stand on executive pay, Dodd is taking the heat.

Not that the Connecticut senator, who’s facing a tough reelection contest in 2010, didn’t invite some of the criticism. When TARP was passed last fall, for example, the Banking Committee chairman hailed the “very concrete” limits on executive pay, even as experts and some other Democrats were quick to point out gaping loopholes in the law. And his amendment, which restricts bonuses for only the top 25 executives of the largest bailed-out companies, wouldn’t have done much to rein in AIG, where 73 employees recently received bonuses in excess of $1 million.

Also, Dodd’s carefully worded statement Tuesday can be easily interpreted as an indication that he wasn’t a part of the negotiations that led to the changes to his amendment. “Because of negotiations with the Treasury Department and the bill Conferees,” the statement reads, “several modifications were made, including adding the exemption.” Dodd was not a conferee.

The passive voice strikes again.
02:17 PM on 03/19/2009
You gave a false impression of what Axelrod said. He didn't say people don't care about AIG; he said people have other things forefront on their mind. These are 2 different things. I used to have great respect for you when you came on as a regular guest on Al Franken's radio show. But you continue to be sloppy in your reporting. I would recommend others to avoid this kind of unfair spinning where you distort statements in an attempt to support a thesis you wish to assert .
02:10 PM on 03/19/2009
I actually think the Left is Tone Deaf or its pundits like yourself. Step outside of your circle and you will find that people don't stalk the web for more breaking news about AIG. They aren't trying to get Geithner fired nor Summers. They aren't demanding to know who knew what when. That's what David Axelrod meant. Our anger is misdirected and while you are trying to pin this all on Geithner, the WH is trying to fix the economy from the roots on up.

In addition, who do you think the American people listen to? Obama or Axelrod? Do you think the majority of Americans are listening to Axelrod? Most likely they are like Axelrod who?
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HUFFPOST SUPER USER
FearlessFreep
I'm actually a radical leftist
02:09 PM on 03/19/2009
IMHO the Democrats ARE part of the problem. Just because the Republicans say it doesn't mean it's wrong.
02:06 PM on 03/19/2009
Ok, Do you have ideas on how to fix the problems, or only criticism, because if you dont have any good ideas stop comenting untill you MR. sirota come out with something to help the economy and the president. Ok. It seems that the media and the GOP is kicking and screaming and whining about everything but offer no ideas. I hope you come out with something or let the president do his job at least he and his team are coming with ideas. And so far you, the media and the GOP only do one thing. CRITISIZING. AND Maybe the GOP will stop appearing on tv shows and start working otherwise stop this silly whining.
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03:34 PM on 03/19/2009
You don't seriously think this is the only piece Sirota has ever written, do you? Even in the piece itself, he suggests the Dems get out of their millionaires-club echo chamber, right?

If I may suggest, consider your question to be rhetorical. Ask it of yourself, then use the Web to find that out.

So sorry, but your suggestion sounds like, "Shut up, Sirota! Or solve it all before you speak again."
02:01 PM on 03/19/2009
The people and you should listen to Obama because he is the President. No one but you is walking aroung confused over what Axelrod is saying. Who is more known, Axelrod or Obama?