Finally maybe he is growing a pair

Discussion in 'Current Events' started by uscitizen, Dec 12, 2009.

  1. uscitizen
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    uscitizen Senior Member

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    Obama blasts banks for opposing financial overhaul


    Dec 12, 5:05 PM (ET)

    By DARLENE SUPERVILLE

    WASHINGTON (AP) - President Barack Obama singled out financial institutions for causing much of the economic tailspin and criticized their opposition to tighter federal oversight of their industry.

    While applauding House passage Friday of overhaul legislation and urging quick Senate action, Obama expressed frustration with banks that were helped by a taxpayer bailout and now are "fighting tooth and nail with their lobbyists" against new government controls.

    In his weekly radio and Internet address Saturday, Obama said the economy is only now beginning to recover from the "irresponsibility" of Wall Street institutions that "gambled on risky loans and complex financial products" in pursuit of short-term profits and big bonuses with little regard for long-term consequences.

    My Way News - Obama blasts banks for opposing financial overhaul

    Now we will see how much talk and how much walk on the issue.
     
  2. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Its the old "trust us, we won't do it again"

    I don't see how the Republican lap dogs can oppose more oversight after their hands off policies created the worst financial collapse in 70 years.

    But then again, they are the party of NO
     
  3. Oddball
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    Oddball BANNED Supporting Member

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    Being a petty demagogue punk hardly quallifies as "growing a pair".

    Throwing a little Lord Fauntleroy temper tantrum is prolly closer to the truth. :lol:
     
  4. WillowTree
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    WillowTree Diamond Member

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    He sound more like Hugo Chavez with each passing day.
     

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