Thought experiment: how would the article below read if all the references to the financial elite were changed to something else? So, how would the media and the right respond if the very pleasant meeting were with Obama and union representatives? Or, what if the meeting were with energy and oil executives? Climate scientists? Environmentalists? Women's groups? In other words, shouldn't there be some concern on the part of leftists that there is such a happy hug fest going on? Doesn't that tell us that Obama isn't doing anything that bothers them? And shouldn't that bother us? Shouldn't we expect them to be outraged and furious over the restrictions and restructuring he is going to install in order to ensure that the fiscal calamity we're enduring never happens again?
Obama holds “very pleasant” meeting with top US bankers.
Obama holds “very pleasant” meeting with top US bankers.
US President Barack Obama met behind closed doors for more than an hour and a half with the chief executives of the largest American banks on Friday, reassuring the titans of finance that his administration has their best interests at heart. According to White House press secretary Robert Gibbs, the meeting's agenda included the Obama administration's "toxic asset" purchase program, proposals for regulation of the finance industry, and executive compensation.
Every aspect of the administration's economic policy caters to the interests of the financial elite, of which the president is merely a mouthpiece. The private meeting at the White House had the air of a conspiracy against the public, a gathering to discuss carving up state resources in order to hand them over to the banks and major investors.
Among those attending were 13 CEOs and two banking industry lobbyists. The individuals gathered at the White House stand at the helm of companies that together control much of American finance. They played a significant role in driving the speculative orgy on Wall Street that has now collapsed, precipitating the greatest economic crisis since the Great Depression.
If he met with union representatives and said he had their best interests at heart, the right /centrist media would explode.
Posted by: de.borrea | March 29, 2009 at 09:34 PM