Saturday, May 2, 2009

Obama the Businessman

That's not a surprise; however, here is one person who defies their poll.

Also see:
Polls You Can't Believe

"Obama approval ratings show class divide; Voters with higher incomes skeptical, Pew poll suggests" by Sasha Issenberg, Globe Staff | May 1, 2009

WASHINGTON - Obama has proposed changes that directly attack the modern culture of wealth in the United States....

Like what? Bank bailouts?

Indeed, Obama has maintained a friendly posture toward the business world even as he seeks a greater role for government in it. He gave top posts to those with Wall Street ties, including Treasury Secretary Timothy Geithner and economic adviser Lawrence Summers. He has presented his support for federal bailouts in the financial and automotive sectors as a way of maintaining vitality in those industries, and describes the need for changes to healthcare and energy policy as a matter of competitiveness.

Yeah, he's beholden to business interests, we know!

"Obama enjoyed an enormous amount of support from those upper-class elites, and the people he had surrounded himself with are hardly populist in inclination," said Steven Fraser, a historian and author of "Wall Street: America's Dream Palace." "Obama is operating, in many respects, in a probusiness way...."

Like all presidents.

So far, the strongest organized opposition to Obama - culminating in a series of rambunctious "tea party" demonstrations held nationwide on April 15 - was incubated at the Chicago Board of Trade by a former derivatives trader who now reports for the financial network CNBC. "This is America!" exclaimed Rick Santelli, as traders joined him in lampooning an Obama proposal to intervene in the mortgage market.

Yeah, IGNORE the GRASS ROOTS and promote that STAGED EVENT on the CNBC floor!

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The OMISSIONS and DISTORTIONS are the reason I despise the jewspaper now.