By FITSNews || Before he was President Barack Obama, Senator Barack Obama was all about bailing out Wall Street banks under the ridiculous “too big to fail” doctrine of the Bush administration.
Now, Obama is picking a fight with America’s biggest banks in a transparent attempt to make people think it’s the “fat cats” on Wall Street – not the bureaucrats in D.C. – who are the ones to blame for our nation’s ongoing economic malaise.
“If these folks want a fight, it’s a fight I’m ready to have,” a combative Obama said Friday in rolling out a new plan to regulate banks.
Here’s an excerpt from a particularly blunt column by Evan Newmark (courtesy of the WSJ) that explains what really needs no explaining …
This war is about politics. It’s about a big election loss in Massachusetts. It’s about pushing the blame for the nation’s misery from Washington onto Wall Street.
Exactly.
Obama is looking for a scapegoat at whom he can point his finger and say “J’accuse!”
Sound familiar? Think Germany, 1933. Or Mississippi, 1963.
Incidentally, part two of Obama’s post-Massachusetts spin is his contention that the voter anger that elected Scott Brown is the “same anger” that elected him.
By Liberty For Me January 22, 2010 at 7:21 pm
You dont have to know too much about this issue to know this is a bunch of bullshit…But then again his base usually does not know anything about issues.Just the image of how cool it is to support the socialist agaenda.Morons….
By wade January 22, 2010 at 8:22 pm
Notice that Obama’s over-weening narcissism never, ever permits him to admit that he is capable of being wrong.
It’s always someone else’s fault…
By Politico January 23, 2010 at 4:31 am
Obama is charismatic psychopath like Adolf Hitler was. He has all the traits.
By Pat Hendrix January 23, 2010 at 8:21 am
Poor Wall Street.
Too bad we didn’t have tax cuts and deregulation in the previous administration the everybody would have a unicorn.
By Tsunami January 23, 2010 at 8:36 am
Note to Obama:
The same anger that elected him was the same anger that dumped Republicans and Bush in ’06 and’08. Expect similar results in ’10 and ’12.
By Pat Hendrix January 23, 2010 at 11:14 am
Politico, have you had a cat-scan lately?
By Charlie Speight January 23, 2010 at 2:15 pm
You can’t expect HIM to be culpable! See: “Terrorism and the Pointing Man.” http://garnetspy.com/2009/12/31/terrorism-and-the-pointing-man/