Sunday, February 1, 2009

President Obama, Your Comments Are "Shameful" Politics As Usual

"Pick the target, freeze it, personalize it, and polarize it."

"Can't Touch This" Obama Shows Biden His MC Hammer Moves

President Obama now famously blasted Wall Street last week.

  • “That is the height of irresponsibility. It is shameful, and part of what we’re going to need is for folks on Wall Street who are asking for help to show some restraint and show some discipline and show some sense of responsibility."

  • “There will be time for them to make profits, and there will be time for them to get bonuses,” Mr. Obama said during an appearance in the Oval Office with Treasury Secretary Timothy F. Geithner. “Now’s not that time. And that’s a message that I intend to send directly to them, I expect Secretary Geithner to send to them.”
This is simply another calculated move to polarize the country.

The President is an astute, savvy and clever politician. His quick rise through the political ranks and much of his campaign success has less to do with his ideas and more to do with his firm grasp of 21st Century Technology, the 21st Century Media and 21st Century Society.

This does not mean he has the ideas to necessarily improve the society, but he know how to send a message and utilize the "New" Media to his advantage.

By using words like "shameful", the President is attempting to demonize Wall Street in the eyes of the American public. It's a tactic Democrats (and some Republicans) have used for decades.

Democrats want everyone to feel like a victim, that someone else has what I want. But unlike Conservatives who advocate that you work hard, get an education and take responsibility for yourself, Democrats like Obama believe in the entitlement society -- why should you work hard to get what "those rich guys" on Wall Street have when the government is giving handouts.

The hypocrisy is astounding. Realistically, the $18 Billion is bonuses is a far cry from the Generational Theft Stimulus Act currently before Congress.

Obama in his staged outrage for the cameras is implicitly blaming "Greedy" Wall Street CEOs who have been the brunt of the Democrats class warfare for decades. Knowing full well that the media and the blogosphere would rapidly latch onto his staged outrage, he successfully widened the rift between those "greedy" guys in New York and the Democrats army Government Breast Feeders.

While the President's rhetoric sounds great in soundbites, the reality is much of this "shameful" spending is mandated by existing employee contracts. "Regular" people at these companies rely on this money as part of their total compensation. In many instances, the money is all but guaranteed by the employer.

But it's not surprising that Democrats and the President would have a difficult time understanding the concept of keeping one's promise.

NEW YORK (AP) — To President Barack Obama, Wall Street's $18.4 billion in bonuses is "shameful." To thousands of bank employees who don't sit in corner offices, that money helps pay the bills.

Outrage over the bonuses reached as high as the White House this week following news that financial firms were rewarding employees even as they were being bailed out with billions of taxpayer dollars. The feelings are understandable: The average Wall Street bonus of $112,000 was about twice the average American's income.

But the issue is a complicated one.

While Wall Street investment banks and other financial firms make headlines for the millions paid out to certain executives, more modest bonuses go to workers from human resources representatives to secretaries as well as employees who actually made money for their companies last year. Jason Weisberg, vice president of the Wall Street brokerage Seaport Securities, said bank employees count on performance bonuses like salesmen count on commissions.

"What are you supposed to pay them?" Weisberg asked. "Or are you not supposed to pay them? And if you don't pay them, how do you expect that employee to stay employed at that company?"

Obama and the Democrats claim to be the party of labor, but only when by "labor" they mean powerful Union bosses whose votes are funded by Government spending.

Let's also not forget that putting $18 Billion into people's bank accounts is generally pretty beneficial for Obama's "continuing disaster" economy.

But again, another difficult concept for Liberals -- that people know how to spend money better than Government.

Obama is crafty with a tremendous understanding our Internet/video game/mass media society and will continue to cleverly use this as an outlet to misrepresent facts and by support for his radical agenda.

There is no change here, just more of the same old Liberal agenda and the same old Liberal tactics

"Pick the target, freeze it, personalize it, and polarize it."

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