Paul Krugman, Uber-Leftist; Obama is Clueless (interview, Barack Obama, compared, economic)

[sanrene]

Clueless - Paul Krugman Blog - NYTimes.com

I’m with Simon Johnson here: how is it possible, at this late date, for Obama to be this clueless?

Oh. My. God.

The Left is having a fit today over obama's comments about the bonus pay for these two;

President Barack Obama said he doesn’t “begrudge” the $17 million bonus awarded to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon or the $9 million issued to Goldman Sachs Group Inc. CEO Lloyd Blankfein, noting that some athletes take home more pay.

http://www.huffingtonpost.com/simon-..._b_456408.html

But put them together in the context of the Bloomberg story - we have to wait until Friday for the full text of the interview - and the White House has a major public relations disaster on its hands. [UPDATE: See the complete exchange below.]

Does the president truly not understand that Dimon and Blankfein run banks that are regarded by policymakers and hence by credit markets as "too big to fail"?

[ovcatto]

Ah, the Sanrene, I want my cake and eat it to thread number (what is the key for infinity?).

[lifelongMOgal]

More Obama "Pay-to-Play". Nothing new. Move on. Ignore the man behind the curtain.

OpenSecrets | JPMorgan CEO Jamie Dimon Donates Serious Cash to Democrats - Capital Eye

[Delta Planter]

Originally Posted by ovcatto

Ah, the Sanrene, I want my cake and eat it to thread number (what is the key for infinity?).

What? No counter? Cat got your tongue? Palin, maybe?

[delusianne]

This is actually pretty funny that you all are suddenly against business and the free market. Who knew?

They took their bonuses in stock, not cash.

Plus, compared to what they both got back in the Bush era that sent us over the cliff, the value of these stocks is pocket change.

[kovert]

Originally Posted by sanrene

Clueless - Paul Krugman Blog - NYTimes.com



The Left is having a fit today over obama's comments about the bonus pay for these two;



Simon Johnson: Obama Still Doesn't Get It

Sanrene, glad to know you're an avid reader and fan of lefties like Krugman, HuffPo and the Johnson. I always knew you had it in you. Despite that tough Fox News exterior, at heart, you're a bleeding heart liberal. Come out of the closest; into the light; and let's hold hands and sing kumbaya with our progressive brothers and sisters.

You can read more about the Johnson here.

[MotleyCrew]

Originally Posted by delusianne

This is actually pretty funny that you all are suddenly against business and the free market. Who knew?

They took their bonuses in stock, not cash.

Plus, compared to what they both got back in the Bush era that sent us over the cliff, the value of these stocks is pocket change.

Even funnier since you and your President are against business and the free market.

[InformedConsent]

Originally Posted by sanrene

Simon Johnson: Obama Still Doesn't Get It

Let me guess... in a momentary flash of forgetting that you never, ever let Obama speak unscripted, his handlers let Obama speak sans teleprompter. Outrage ensues...

[delusianne]

Originally Posted by MotleyCrew

Even funnier since you and your President are against business and the free market.

You dont understand the difference between stock and cash? Or $67M vs $9M?

But I guess you're not supposed to

[DC at the Ridge]

I'm just pleased that Sanrene is implicitly acknowledging that not all liberals think the same. So her blanket condemnations in the past have been over-generalizations.