Obama Learns Secondhand Of Wall Street Bonu$e$

[petertribo]

I guess Timmie Geithner, who many allege is only there to protect Wall Street interests, did not want to break the bad news to the BOSS. This indicates Obama is reading "articles" to find out what is going on with the Greatest Financial Disaster in decades:

Update at 4:11 p.m. ET. From the White House transcript of Obama's comments:

"One point I want to make is that all of us are going to have responsibilities to get this economy moving again. And when I saw an article today indicating that Wall Street bankers had given themselves $20 billion worth of bonuses...."

http://content.usatoday.com/communit.../01/62115204/1

So, er, Great Solver, no one is briefing you on this Disaster? Will you be replying to this travesty with an Op-Ed in the NYT?

Next question: when/where do you read these "articles"? On your Crackberry between photo opps?

Last question, can you manage an Empire from a Crackberry?

[due_indigence]

Obama is utterly beholden to Wall Street interests. Look at his personnel. Three of his top seven corporate contributors were Wall Street banks. Balancing this against his Huey Long street cred is a feat best left to Houdini. It's gonna take some serious speechifying and top-shelf charisma. He may want to be FDR. But frankly who cares what's in his heart of hearts? The system won't allow it. Unless he gives the first chapter to Wall Street, let's that fail, and then is 'forced' to install a more reformist agenda. But is he that smart?

[jtabeb]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

But frankly who cares what's in his heart of hearts?

Ah you wrong grasshopper! We have had men with no heart, only dreams of avarice. The banksters should be careful for what the wish for. God help them if a man with a conscience acts on it for that would truly be revolutionary.

[D-Mack]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

At least he pretends to read the newspaper. unlike the other guy before him.

[GRG55]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

I guess Timmie Geithner, who many allege is only there to protect Wall Street interests, did not want to break the bad news to the BOSS. This indicates Obama is reading "articles" to find out what is going on with the Greatest Financial Disaster in decades:

Update at 4:11 p.m. ET. From the White House transcript of Obama's comments:

"One point I want to make is that all of us are going to have responsibilities to get this economy moving again. And when I saw an article today indicating that Wall Street bankers had given themselves $20 billion worth of bonuses...."

http://content.usatoday.com/communit.../01/62115204/1

So, er, Great Solver, no one is briefing you on this Disaster? Will you be replying to this travesty with an Op-Ed in the NYT?

Next question: when/where do you read these "articles"? On your Crackberry between photo opps?

Last question, can you manage an Empire from a Crackberry?

Unless Obama was one of those delivering or receiving one of those bonuses, by definition he would have to have heard about it "second hand". Are you expecting him to pitch a tent and inhabit the corner of Wall and Broad, so he can find this stuff out "first hand"? :rolleyes:

[GRG55]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

Obama is utterly beholden to Wall Street interests. Look at his personnel. Three of his top seven corporate contributors were Wall Street banks. Balancing this against his Huey Long street cred is a feat best left to Houdini. It's gonna take some serious speechifying and top-shelf charisma. He may want to be FDR. But frankly who cares what's in his heart of hearts? The system won't allow it. Unless he gives the first chapter to Wall Street, let's that fail, and then is 'forced' to install a more reformist agenda. But is he that smart?

Reading this stuff...

http://www.itulip.com/forums/showthread.php?t=7694

...just makes me depressed.

[Sharky]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

I'm no Obama fan (to say the least), but it doesn't bother me at all that he gets some of his info from the WSJ. I think a lot of people overestimate the type and depth of information the Prez receives in briefings.

[we_are_toast]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

No news here, just ranting.

[ProdigyofZen]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

Yeah it is all a bunch of bull...... if wall street guys get their bonus's taken back then.......

so they are after the wall streeters for their bonuses? well
what about this?
I am not 100% convinced, but for arguments sake, does that mean:
1.) Autoworkers should return wages paid since the time the
Auto companies took tax dollars to stay afloat?
2.) Farmers should return all income during years in which any
crops were subsidized?
3.) Federal employees, along with Congressmen and Senators,
should return wages paid since the budget went into permanent
deficit in 1970?

[tree]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

No news here, just ranting.

There is news here, IMHO.

The president isn't being properly briefed, and he needs to be.

Whose job is it to make sure he is?

Chief of staff, or someone else?

[seanm123]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

Meet the new boss, I am sure you know the rest.

Mary Shapiro is walking away with a nice package from FINRA, the non-profit watch dog!

http://www.nypost.com/seven/01302009...oss_152624.htm


US Securities and Exchange Commission Chairman Mary Schapiro was to receive $5 million to $25 million in benefits when she resigned from the Financial Industry Regulatory Authority to join the government.
Schapiro had a $2.75 million salary as head of Finra, the US brokerage watchdog, according to disclosure documents. She also got $675,033 in deferred compensation and $184,600 in connection with sitting on the board of Kraft Foods. She resigned that seat Jan. 15 and reported holding Kraft stock worth up to $1 million.

[CanuckinTX]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

Yeah it is all a bunch of bull...... if wall street guys get their bonus's taken back then.......

so they are after the wall streeters for their bonuses? well
what about this?
I am not 100% convinced, but for arguments sake, does that mean:
1.) Autoworkers should return wages paid since the time the
Auto companies took tax dollars to stay afloat?
2.) Farmers should return all income during years in which any
crops were subsidized?
3.) Federal employees, along with Congressmen and Senators,
should return wages paid since the budget went into permanent
deficit in 1970?

I think to most people the term 'bonus' means "here is your thanks for a job well done - thanks for helping the company have a great year".

If Wall Streeters have come to see a bonus as an entitlement regardless of how well the company did that's their problem. Asking people to hand back their wages is not the same thing.

[Shakespear]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

At least he pretends to read the newspaper. unlike the other guy before him.

Right on the Mark

[we_are_toast]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

There is news here, IMHO.

The president isn't being properly briefed, and he needs to be.

Whose job is it to make sure he is?

Chief of staff, or someone else?

Actually, the only news here is that this president can and does read, while the last either couldn't or was unwilling.

A quote from a story, misinterpreted, followed by a rant, nothing more nothing less.

[Rantly McTirade]

Re: Obama Learns Secondhand Of Wall Street Bonu$e$

The 'news' is (further) confirmation that Obozo is in no substantive way different from Bush(either), Clinton(either),McInsane, Romney, Pelosi, Gingrich, yadda, yadda. To believe otherwise is sheer ignorance, or the denial and delusion of lefty dreamers.