[Peace-discuss] Obama's Hypocrisy Meter off the charts

[E.Wayne Johnson]

"I did not run for office to be helping out a bunch of fat cat bankers on 
Wall Street"

by Tyler Durden
ZeroHedge.com
 (http://www.zerohedge.com/article/obama-hypocrisy-meter-charts-i-did-not-run-office-be-helping-out-bunch-fat-cat-bankers-wall-)Obama goes back to his Wall Street-bashing rhetoric in today's 60 Minutes onCBS, after he has already doomed this country to tens of trillions in excessdebt to make sure that Wall Street not only thrives, but prospers, courtesyof Bernanke's vertical bond curve and the daily destruction of the dollar.With statements such as "I did not run for office to be helping out a bunchof fat cat bankers on Wall Street" which the WSJ disclosed will be utteredby Obama shortly, only the most clueless viewers will find empathy withObama's latest message of banker "anti-hope."And it is not only Obama, but Wall Street protege Larry Summer himself whocontinues the banker bashing:White House economic adviser Larry Summers also voiced aggravation with WallStreet on Sunday. "Here is what I think they don't get.It was theirirresponsible risk-taking in many cases that brought the economy tocollapse," Mr. Summers, who chairs the National Economic Council, said onCNN's "State of the Union.""And they don't get in some cases that they wouldn't be where they aretoday, and they certainly would not be paying the bonuses they are payingtoday, if their government hadn't taken extraordinary actions.""For them to be complaining about serious regulation directed at making surethis never happens again is wrong. For $300 million to be spent on lobbyiststrying to gut serious efforts at financial reform is not how this countryshould be operating," Mr. Summers said. "For firms that have benefited fromtaxpayer support to be complaining about the government burdening them is,frankly, a bit rich."First you bail them out, and now you bash them? It is one thing to dashcriticism upon rhetoric but at least be consistent. If people can not readbetween the lines of this administration's endless hypocrisy, they deserveall they get. And if Matt Taibbi's latest controversial piece in RollingStone "Obama's Big Sellout" needed any final validation, you just providedit Mr. President. Because while your Wall Street-centric policies can beexplained by your lack of financial comprehension and private-sectorexperience (thereby justifying your desire to be "advised" by those who arean integral part of the banker syndicate), your complete disdain for theaverage American's intellectual level exemplified by your most recent,upcoming 7 pm TV appearance is what is truly insulting. Maybe you can putMr. Geithner up there next to you on the TV screen, and he can justify hisreasoning for why incremental "fat cat" bonuses are such a bad idea. Come tothink of it, why not make it into a round table, and include Larry Summerand Robert Rubin: we are confident they will have no problem distancingthemselves from the very bankers they talk to 10 hours a day, telling them(and thus you) how to run national policy.You say "Some people on Wall Street still don't get it"... The problem, Mr.President, is that more and more people on Main Street, do get it. They nowrealize just whose agenda you have at heart. And said Main Street expectsnothing but merely more theatrics during your upcoming meeting with WallStreet "fat cats" tomorrow.