Posts Tagged the audacity to hope

Obama Does Not Begrudge Wall Street Terrorists’ Robbing the National Treasury to make a Profit?

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President Obama – you cannot be serious?!?

These Titans of Socialist Capitalism take the money we bailed them out with – including “rigging” the system with the help of Paulson and Geithner so that AIG’s TARP money was re-directed to them – go on to make an enormous profit by trading with that money (which was not the purpose of the bailouts), and you call them savvy businessmen?  

Now almost a year ago  to the day, you gave the following remarks at the White House:

“This is America. We don’t disparage wealth. We don’t begrudge anybody for achieving success. And we believe that success should be rewarded. But what gets people upset – and rightfully so – are executives being rewarded for failure. Especially when those rewards are subsidized by U.S. taxpayers.”

So are they failures?  Or savvy businessmen?  Or both? 

 This author recently pondered your failure to immediately regulate and reign-in Wall Street after your election when they were still on the ropes.  Here is the bottom line:  They screwed up, then they screwed us, and then you screwed up?

Do you see the problem here, Mr. President.  The cognitive dissonance regarding your words and deeds towards Wall Street is deeply disturbing to those who supported you in 2008, especially when you had the perfect combination of opportunity, power, and the political capital to reign in these financial terrorists right after you took an oath to protect the American people.  You did nothing, and now it is too late.  Was it intentional?  Or are you being obtuse?

When political rhetoric collides with inaction, people become dismayed.  Maybe the young voters who are stepping to the sidelines  are correct?   

Disillusionment is too mild a word for such a betrayal if it was just the “same old wine in a brand new bottle“, President Obama.

Meet the new Boss . . . Same as the Old Boss . . .We Won’t Get Fooled Again!”

Shame on us for ever having the audacity to hope?  I hope not.

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