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2009-04-03 Home Front: Politix
Leaked Details of O and Banker's Meeting: It Wasn't Pretty
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Posted by Sherry 2009-04-03 13:49|| || Front Page|| [11129 views ]  Top

#1 These problems were NOT caused by executive salaries and attacking those salaries won't make things any better.

This is just an attempt to mollify people by appealing to emotions rather than actually doing something that will make a difference.

A few hundred thousand or even million is nothing when you are talking trillions in bailouts.

What caused this problem were basically three laws enacted in Clinton's second term.
Posted by crosspatch 2009-04-03 15:21||   2009-04-03 15:21|| Front Page Top

#2 “The only way they could have sent a more Spartan message is if they had served bread along with the water,” says a person who attended the meeting. “The signal from Obama’s body language and demeanor was, ‘I’m the president, and you’re not.’”

Typical Obama. He is the messiah, you're not. Asshat.

Soon, the only thing between him and pitchforks will be American's respect of law. And that won't hold out long when Congress and Obama are pissing on the laws daily.
Posted by DarthVader 2009-04-03 15:31||   2009-04-03 15:31|| Front Page Top

#3 If I were a banker and I had been at that meeting, and my bank currently had its head above water (many still do despite the bad news), I'd turn him down flat.

I'd say no to TARP money. If I had taken any TARP money, I'd pay it back, today. I'd tell him in no uncertain terms that my bank will NOT participate in any scheme to buy assets, toxic or not. And that my bank will NOT participate in any new government plans for bailouts.

Then I'd walk out.

Then I'd find a TV news crew and vent.

Then I'd fly back to New York or wherever my bank HQ was, call my principal directors in, and say, "folks, we need to get to work, because if we ever get into trouble the Feds won't help us. So let's make sure we never get into trouble."

My bank wouldn't need the president. And he'd regret threatening me.
Posted by Steve White 2009-04-03 16:07||   2009-04-03 16:07|| Front Page Top

#4 Steve, you also need to go find some pols that stay bought.
Posted by BrerRabbit 2009-04-03 16:15||   2009-04-03 16:15|| Front Page Top

#5 'I'm the president, and you're not.'

As in dictator president for life? Mr. O, you're not the only one keeping score. Unless you plan to be President for Life(tm), these people can provide the same source of funding for your opponents as they did for you this past election. You can find out how little power the president does have when he's alienated just about every important special interest group and the general public. Ask Nixon.
Posted by Procopius2k 2009-04-03 16:32||   2009-04-03 16:32|| Front Page Top

#6 "My administration," the president added, "is the only thing between you and the pitchforks."

Obama, believe me, my pitchfork is not pointed at the bankers. It's point at every congressman who's been in office more than two terms.
Posted by Bob 2009-04-03 16:50||   2009-04-03 16:50|| Front Page Top

#7 The Zero thinks he's a man on a horse. I think he's just the ass.
Posted by SR-71">SR-71  2009-04-03 17:02||   2009-04-03 17:02|| Front Page Top

#8 he misunderstands who the pitchforks and torches will be coming for...give him some time
Posted by Frank G">Frank G  2009-04-03 17:38||   2009-04-03 17:38|| Front Page Top

#9 YES! Go for it, Jug Ears! Piss off lots more people in high places. The sooner the better. Let's seal your fate in your first hundred days.
Posted by Darrell 2009-04-03 20:45||   2009-04-03 20:45|| Front Page Top

23:15 Broadhead6
23:07 Barbara Skolaut
23:01 Pappy
22:40 Cynicism Inc
22:39 Old Patriot
22:30 Procopius2k
22:25 JosephMendiola
22:18 Barbara Skolaut
22:17 Barbara Skolaut
22:12 Frank G
22:11 Frank G
21:56 SteveS
21:56 JosephMendiola
21:52 trailing wife in Buffalo
21:52 JosephMendiola
21:49 JosephMendiola
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21:44 Omeatch the Anonymous1196
21:29 trailing wife in Buffalo
21:26 Broadhead6
21:23 Xenophon
21:22 Asymmetrical Triangulation
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