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	<title>Screwed US &#187; the audacity to hope</title>
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		<title>Obama Does Not Begrudge Wall Street Terrorists&#8217; Robbing the National Treasury to make a Profit?</title>
		<link>http://screwedus.com/2010/02/obama-does-not-begrudge-wall-street-terrorists-robbing-the-national-treasury-to-make-a-profit/</link>
		<comments>http://screwedus.com/2010/02/obama-does-not-begrudge-wall-street-terrorists-robbing-the-national-treasury-to-make-a-profit/#comments</comments>
		<pubDate>Thu, 11 Feb 2010 03:58:09 +0000</pubDate>
		<dc:creator>Lance Haley</dc:creator>
				<category><![CDATA[Bailouts]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[Business and Money]]></category>
		<category><![CDATA[Capitalism]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Financial Crisis]]></category>
		<category><![CDATA[Financial Terrorists]]></category>
		<category><![CDATA[How and Why We Get Screwed]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Show Them the $$$]]></category>
		<category><![CDATA[Wall Street]]></category>
		<category><![CDATA[Wealth Disparity & the Ultra Rich]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[financial industry]]></category>
		<category><![CDATA["same old wine in a brand new bottle"]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[bailouts]]></category>
		<category><![CDATA[change]]></category>
		<category><![CDATA[cognitive dissonance]]></category>
		<category><![CDATA[Geithner]]></category>
		<category><![CDATA[Harvard Law School]]></category>
		<category><![CDATA[Henry Paulson]]></category>
		<category><![CDATA[hope]]></category>
		<category><![CDATA[hope and change]]></category>
		<category><![CDATA[Kenny Loggins]]></category>
		<category><![CDATA[Loggins and Messina]]></category>
		<category><![CDATA[meet the new boss same as the old boss]]></category>
		<category><![CDATA[National Treasury]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Paulson]]></category>
		<category><![CDATA[President Obama]]></category>
		<category><![CDATA[savvy businessmen]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[the audacity of hope]]></category>
		<category><![CDATA[the audacity to hope]]></category>
		<category><![CDATA[The Who]]></category>
		<category><![CDATA[Tim Geithner]]></category>
		<category><![CDATA[Titans of Socialist Capitalism]]></category>
		<category><![CDATA[U.S. Treasury]]></category>
		<category><![CDATA[Wall Street Terrorists]]></category>
		<category><![CDATA[we won't get fooled again]]></category>

		<guid isPermaLink="false">http://screwedus.com/?p=2271</guid>
		<description><![CDATA[
 
 
 
 
 
 
 
 
 
 
 
 
 
President Obama &#8211; you cannot be serious?!?
These Titans of Socialist Capitalism take the money we bailed them out with &#8211; including &#8220;rigging&#8221; the system with the help of Paulson and Geithner so that AIG&#8217;s TARP money was re-directed to them &#8211; go on to make an enormous profit by trading with that money (which was not the purpose [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-2274" title="obama-wall-street" src="http://screwedus.com/wp-content/uploads/2010/02/obama-wall-street.jpg" alt="obama-wall-street" width="293" height="432" /></p>
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<p>President Obama &#8211; you <span style="text-decoration: underline;">cannot</span> be serious?!?</p>
<p>These Titans of Socialist Capitalism take the money we bailed them out with &#8211; including &#8220;rigging&#8221; the system with the help of Paulson and Geithner so that AIG&#8217;s TARP money was re-directed to them &#8211; go on to make an enormous profit by trading with that money (which was not the purpose of the bailouts), and <a href="http://www.businessweek.com/news/2010-02-10/obama-doesn-t-begrudge-bonuses-for-savvy-blankfein-dimon.html">you call them savvy businessmen</a>?  </p>
<p>Now almost a year ago  to the day, <a href="http://www.whitehouse.gov/the_press_office/RemarksbyPresidentBarackObamaOnExecutiveCompensationSecretaryGeithner">you gave the following remarks at the White House</a>:</p>
<p><em>&#8220;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.&#8221;</em></p>
<p>So are they failures?  Or savvy businessmen?  Or both? </p>
<p><em> </em>This author <a href="http://screwedus.com/2010/01/president-obama-yes-its-the-economy-stupid/">recently pondered your failure to immediately regulate and reign-in Wall Street after your election when they were still on the ropes</a>.  Here is the bottom line:  They screwed up, then they screwed us, and then you screwed up?</p>
<p>Do you see the problem here, Mr. President.  The <a href="http://en.wikipedia.org/wiki/Cognitive_dissonance">cognitive dissonance </a>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?</p>
<p>When <a href="http://www.whitehouse.gov/blog/2010/02/10/clearing-bonuses-issue">political rhetoric </a>collides with inaction, people become dismayed.  Maybe the <a href="http://latimesblogs.latimes.com/washington/2009/11/election-2009-where-have-all-the-young-voters-gone.html">young voters who are stepping to the sidelines </a> are correct?   </p>
<p>Disillusionment is too mild a word for such a betrayal if it was just the &#8220;<a href="http://www.sing365.com/music/lyric.nsf/Same-Old-Wine-lyrics-Kenny-Loggins/AA2C3D598D014E484825712C00116537">same old wine in a brand new bottle</a>&#8220;, President Obama.</p>
<p>&#8220;<a href="http://www.songfacts.com/detail.php?id=1532">Meet the new Boss . . . Same as the Old Boss . . .We Won&#8217;t Get Fooled Again</a>!&#8221;</p>
<p>Shame on us for ever having the audacity to hope?  I hope not.</p>
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