Bob emailed me Krugman's spiel on Bloomberg's take today on Barack's being alright with the $17 mil & $9 mil mega bonuses for Jamie Dimon and Lloyd Blankfein, respectively.
Here's a teaser:
Feb. 10 (Bloomberg) -- 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. ...
“I know both those guys; they are very savvy businessmen,” Obama said in the interview yesterday in the Oval Office with Bloomberg BusinessWeek, which will appear on newsstands Friday. “I, like most of the American people, don’t begrudge people success or wealth. That is part of the free- market system.”
Obama sought to combat perceptions that his administration is anti-business and trumpeted the influence corporate leaders have had on his economic policies. He plans to reiterate that message when he speaks to the Business Roundtable, which represents the heads of many of the biggest U.S. companies, on Feb. 24 in Washington.
ANTI-business??? What, are they smokin' crack? One of the largest transfers of wealth has taken place in about two years to the benefit of the econ elites, and he's worried about being perceived as ANTI-business???
Well, he's not worried about being perceived as anti-main street.
THAT's for sure.
For someone of his intellect and pedigree, it comes off as disingenuous when Barack says he's shocked by athlete pay. There's simply no comparison between an athlete earning what he does from the market and welfare socialist bank shitheads stealing from us. It's not even apples and oranges, it's apples and Jupiter.
Then he digs his hole deeper by saying that Dimon and Blankfein are the beneficiaries of the free market system.
NO - THEY - ARE - NOT.
Dimon, Blankfein, et al, are, WELFARE SOCIALISTS. In fact, they are the biggest and WORST type of welfare socialist;
1. They have direct ties to government.
2. They have the means/tools to hedge policy toward their advantage.
3. They have access to pr/media outlets.
4. Need I mention they have huge corporate and personal war chests?
5. They have armies of lawyers, accountants and lobbyists at their beck and call.
6. Their corporate layers are kryptonite to congress and the IRS.
I thought Barack was smart. I'm joking, of course; he is. The guy's a lawyer for god's sakes (dunno if he passed the bar, but I say "lawyer" as such), even editing the Harvard Law Review. This is a guy steeped in rhetoric and the DNA of ultra-fine granularity debate.
Given that Goldman Sachs was Barack's largest contributor and JPM/C wasn't far behind, I can only conclude that he's a bought puppet. What else explains why a man of his intellect and accomplishment says these disingenuous statements?
Here's what I said about Barack - Wednesday, November 05, 2008
While I'm much happier that Barack's our president than the retardican alternative, I have problems with him, chief among them his recent advocacy of and voting for the bailout. Then there's his take on the healthcare crisis, one which will do nothing to break the oligarchy of HMOs, drug and insurance companies that dominate it with their lobbyists and lawyers.
NOTHING has changed my view.
I'm listening to Juan Williams right now on Brian Lehrer's show and he echoes my thoughts; the democraps have majorities EVERYWHERE and get NOTHING done. I can't imagine the retardicans having this much power because even though I like the fascist aesthetic in architecture it sucks as governance and right now we'd be going "ZEIG HEIL!"
I'm so pissed off... I don't condone what Travis Bickle did, but I understand....
With Barack's latest take, I'm more fearful than ever for the future. Here's how I concluded my post of November 5, 2008, in the light of Barack's win:
I see a small ray of light for our country. Barack's slogan: "Yes we can." And as cynical a curmudgeon as I am, in this desperate time, I want to believe.
Go do your thing, brothaman.
And how did I vote? Well, I voted Black. Cynthia McKinney.