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How about calling out the people who really created the mess - the Federal govt?
Going back to at least the Clinton Admin, the Fed push for everyone to own their own home is what really helped create the housing/banking mess. Obama's buddies at Acorn could also share in some of the blame.
How about calling out the people who really created the mess - the Federal govt?
Going back to at least the Clinton Admin, the Fed push for everyone to own their own home is what really helped create the housing/banking mess. Obama's buddies at Acorn could also share in some of the blame.
The bankers struggled to make themselves clear to the president of the United States.
Inside Obama's bank CEOs meeting.
Arrayed around a long mahogany table in the White House state dining room last week, the CEOs of the most powerful financial institutions in the world offered several explanations for paying high salaries to their employees — and, by extension, to themselves.
“These are complicated companies,” one CEO said. Offered another: “We’re competing for talent on an international market.”
But President Barack Obama wasn’t in a mood to hear them out. He stopped the conversation and offered a blunt reminder of the public’s reaction to such explanations. “Be careful how you make those statements, gentlemen. The public isn’t buying that.”
“My administration,” the president added, “is the only thing between you and the pitchforks.”
Good luck with the private/public partnership. If I am running a private company I certainly would trust someone who makes statements like this.
Beggars can't be choosers and you'd be fired. This isn't a partnership and nobody is here to be your best pal. This is a very fiscal conservative country if you lump all moderate dems and moderate repubs together. The numbers being paraded around are more than most people will ever make in their lifetimes, especially after many have had their wages frozen for years.
So yes, they SHOULD fear irrate taxpayers. Be very very afraid. It's a healthy fear that will keep them honest.
Beggars can't be choosers and you'd be fired. This isn't a partnership and nobody is here to be your best pal. This is a very fiscal conservative country if you lump all moderate dems and moderate repubs together. The numbers being paraded around are more than most people will ever make in their lifetimes, especially after many have had their wages frozen for years.
So yes, they SHOULD fear irrate taxpayers. Be very very afraid. It's a healthy fear that will keep them honest.
You clearly don't understand TALF. Gaithner's plan on getting rid of toxic assets relies on a public/private partnership.
It's not a matter of being pals, in business if you don't trust your partner you don't do business with them.
You clearly don't understand TALF. Gaithner's plan on getting rid of toxic assets relies on a public/private partnership.
It's not a matter of being pals, in business if you don't trust your partner you don't do business with them.
tg-65: Treasury Department Releases Details on Public Private Partnership Investment Program (http://www.treas.gov/press/releases/tg65.htm - broken link)
Those crazy greedy Republicans donating vast sums of money to Democratic candidate last election cycle. Well at least they got their moneys worth, they are nicely bailed out. I wonder how Detroit feels?
Meet Obama’s Corporate Backers : Prolific Magazine - Going Over the Top Daily (http://theprolific.com/2008/08/meet-obamas-corporate-backers/ - broken link)
I wish obama would get to work. Instead all i've heard so far is his self righteous self "calling out" of this group, that company, those people, etc. every day in between diddybopping to stevie wonder concerts, appearing on late night tv and flying a 500 person posse around for press ops.
Given that 69% of Americans approve of Obama and his actions I'd say you're full of it.
Collective stupidity is no excuse... you want to know the numbers that supported Stalin, Lenin, Mussolini, Kruschev, Hitl......
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