Finance industry (read: Wall Street) bets on Obama

Discussion in 'Politics' started by Si modo, Oct 21, 2011.

  1. Si modo
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    Si modo Diamond Member

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    [Emphasis added]

    Obama still flush with cash from financial sector despite frosty relations - The Washington Post

    Hmmmmm. Will Obama get in bed with the OWS or will he keep his bank (no pun intended) from Wall Street?

    He might do both. If he directly supports the OWS, the OWS aren't the brightest bulbs in the box so they likely won't even know that Obama is Wall Street's favorite.

    But, if he doesn't deflect from his record in some way, that's a dicey path to pursue for 2012.
     
  2. 8537
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    8537 Senior Member

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    His rhetoric will offer limited support to the concerns of OWS and the middle class.

    His actions will offer slightly less limited support to Wall Street.

    Fear not, all bases will be properly covered!
     
  3. Si modo
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    Si modo Diamond Member

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    Well, we already know he has no substance.

    At this point, that's a given.
     
  4. G.T.
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    G.T. Diamond Member

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    I think that doing something like protesting the corruption of big banks and wallstreet isn't making a blanket assertion that all banks and all of wallstreet are corrupt. That's how the dynamic works where you can be endorsed by some Wallstreeters and Bankers, while protesting others.
     
  5. 8537
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    8537 Senior Member

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    Personally, I think there really is some substance behind him - but he's done a poor job of managing the narrative. Too inclined to please all of the people all of the time.
     
  6. Si modo
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    Si modo Diamond Member

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  7. 8537
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    8537 Senior Member

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    I agree - It's logically consistent to say that AIG execs shouldn't be getting 100M bonuses and certain Wall Street institutions are partly responsible for our current mess, while also acknowledging that Wall Street firms play an important role in our economy and generally do so in a positive manner.

    But that doesn't fit into a sound bite.
     
  8. Truthmatters
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    shame on him for trying to represent all the people.


    Even wall street knows the current republican party will bring futher disaster than they already did last time they were in office.
     
  9. Si modo
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    Si modo Diamond Member

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    I agree as well, but he will have to give up his plans to focus Wall Street anger on Republicans. That won't wash with his being their favored candidate - by far their favored candidate.
     
  10. Dragon
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    Dragon Senior Member

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    I agree that Obama is a corrupt stooge of Wall Street. I also agree that his attempt to make use of the passion of the Occupy movement while remaining a corrupt stooge of Wall Street is cynical, insulting, and doomed to failure.

    No man can serve two masters. Either he's with them, or he's with us. Either he serves the 1% or the 99%. To do both is impossible.
     

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