Once again President Obama has failed to meet the needs of his constituents. This time, it’s the bankers he has failed.
On the mental list of slights and outrages that just about every major figure on Wall Street is believed to keep on President Barack Obama, add this one: When he met recently with a group of CEO’s at Blair House there was no representative from any of the six biggest banks in America.
“If they don’t hate us anymore, why weren’t any of us there?” a senior executive at one of the Big Six banks said recently in trying to explain his hostility toward the president.
Maybe because he knew the only thing you want to talk about is you and your needs? Maybe because you have produced nothing for the rest of the country except loss and misery? Maybe because the President is embarrassed that he can’t afford that special shower that throws money directly onto your bare skin?
It’s all personal with these weepy people:
“You have to understand, it is very personal. He raised money from us,” one executive at a top six bank said. “Then he started calling us bad people. So forgive us for not wanting to buy him a drink after getting punched in the eye.”
We outsiders think it doesn’t count as a punch in the eye when Obama signs off on that tax gift in direct violation of his pledge to the rest of us, refuses to consider prosecutions for your crimes, rejects controls on your outrageous bonuses paid out of direct taxpayer transfers, agrees to wimpy regulation of your thieving industry, and appoints your drinking buddies to be his personal economic advisers. We like action. Your feelings are hurt by some words.
You Wall Streeters think Obama and the lackeys you sent to run the economy are ignorant putzes:
“You go down to the White House now and sit down to talk with members of the inner circle and the issue is no longer so much hostility as it is sheer incomprehension,” said one senior private equity executive. “You wind up talking about things they are not at all interested in and are generally outside their area of competence.”
So you admit that Geithner and Summers and the rest of that crowd are incompetent. That’s exactly what we all think, maybe for different reasons. I hope it means Obama has figured out that you are a bunch of crooks. That hope gets a tiny boost from this:
A senior Wall Street lobbyist explained his feelings this way: “This president came into office in the midst of an economic crisis and started off by demonizing insurance companies and then going after Wall Street banks. Never did he try to bring together CEOs and say, ‘We are in this together, we are Team America and we are going to go out and get things done.’ That’s the power you have as president. Instead this White House pushed people away and they did it consciously and they are still doing it.”
This is a perfect example of narcissism. I bet it never dawned on this arrogant jerk that from the far right of the political spectrum to the far left, and from the least to the most politically alert citizen, there is one area of absolute agreement: Team America was held hostage by Team Banker, Team Banker paid a corrupt congress and a compliant administration to salvage it from its gambling losses and theft, and Team America’s underwater homeowners, savers, retirees and workers were sold into serfdom to protect the wealth of Team Banker.
This time the President got it right: nobody can stomach you or your pestilential business. You got the money. You won’t get the love.