In Obama’s world, we know that “pickup trucks” and driving them is code. Or, at least, that is what we are led to believe. This I was discussing with brother Tim. And as we explored the politics of the day, we happened upon something truly revolting.
If pickup trucks are some sort of badge of honor – code – for group identification promoting racism against Blacks on behalf of Whites, then is it fair to consider the word “bankers” and what Obama really means when he says that they are the cause of our current economic woes? And what does he mean by sanctioning them? Punishing them?
If I am given to understand it right, it would appear that Obama is embarking on the darkest, most maleficent of all ruses… pinning our current failures on one group of people. A group of people who have seen this sort of thing before. Again and again.
I am not comfortable with this code-speak that encourages ultimately – and can only lead to – out and out hostility toward “bankers.”
How far will Obama push his new populist PR campaign?
But this is a tired and worn (though effective) approach – despicable – when it comes time to rally, vilify – and the vilification of Bush is played out – so, the truly disgusting create another enemy to “place blame upon.” I am not at all comfortable with this sort of hatred.
Just pretend all the bankers are uppity black men, try that!
HAhahaha, you, King of Enostan, aren’t comfortable vilifying!
Make The Comedy Stop!
And your point is…
The latest obsession is an attempt to regain popular appeal through bashing a group that they feel is safe to use as a scapegoat-mostly rich white guys in the banking industry.
It is a classic approach, especially when a change of subject is needed as badly as the Obama bunch does; change of subject from their signature issue failure as well as the rebuke dealt Tuesday by Massachusettes voters. And they believe that the bankers will be a useful villain, kind of like Boooooooosh! was recently, and like the Jews were in 1930’s Germany (’nuff said).
Make no mistake though, this whole “banking reform” kabuki is actually less about reform than it is about finally enjoying a legislative success, finding a useful villain to rally the nutroots against, to appear like they are doing something about the economy, and to slap the banks down a bit for not being as fast and loose with credit as the administration wished they would be. There are those on Obama’s economic team that believe it would be just peachy if the banks would go back to easy-peasy credit so that the housing bubble could re-inflate, and that consumer consumption could be enabled once again by folks using their houses as an ATM machine; that would solve all our nations problems…
Like many of this administrations “reforms” this is not well thought out, but instead about what the proggy left would call “fairness”; in the same way that Obama said he would raise capital gains taxes, despite the well known correlation between lowering those rates and increased treasury revenues, because of the fairness.
Turbo-Tax-Timmy-G doesn’t even dig all of the snake oil Obama is peddling!
You don’t even know which way is up when it comes to economics.
Let me try to make it simple, or shall I say simple enough for you. Goldman came out with earnings yesterday – of course you already knew that, din’t'cha – and for the year they dropped $13.5 billion to the bottom line, or net earnings, as we like to call the final tally.
They paid out over $16-billion in bonuses against net earnings of $13.5. This, from a company that needed a $25-billion loaner of tax-payer bailout money to stay afloat.
Knock, knock, McNavy Flyer, do ya think if GS wasn’t walking so much money out the back door that their increased retained earnings might help ‘em survive the next rainy day, or is that what we tax-payers are for?
Loooney, go loooooney, all noOBOMBa!11!!!!
Make sense or get psyche help, fweemawket freeloader.
Here’s what I understand – 30 000 Wisconsin jobs lost in December of 2009 alone.
Looking to a leach bureaucrat to “create jobs” is the height of hilarity.
Mmm, then, jeeenyus, who was it that sent the McCheeseheads’ jobs to China?
Tah jeeenyuses back at headquarters, that’s who.
wrong – the Good Gubner Doyle
Whore, you can’t even read a balance sheet or an income statement. Net profit is what’s LEFT OVER after all expenses (including bonuses) are paid out of revenue. That net profit is what goes to retained earnings, and may be paid out in dividends.