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Saturday, December 19, 2009

Obama And The Bankers



By Darryl Mason

President Obama sat down with 12 cashed-up-from-the-taxpayers-pocket members of the American banking and financial industry. He told them, in short, to shape up, get their money back out there and spread around the wealth :
So my main message in today's meeting was very simple: that America's banks received extraordinary assistance from American taxpayers to rebuild their industry -- and now that they're back on their feet, we expect an extraordinary commitment from them to help rebuild our economy.

And I made very clear that I have no intention of letting their lobbyists thwart reforms necessary to protect the American people. If they wish to fight common-sense consumer protections, that's a fight I'm more than willing to have.

The way I see it, having recovered with the help of the American government and the American taxpayers, our banks now have a greater obligation to the goal of a wider recovery, a more stable system, and more broadly shared prosperity.

Obama needs to go into those meetings with a baseball bat by his side.

Let's take a closer look at those faces :









No, not a lot of laughs in that room.

I take that as a good sign.


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