Monday, October 17, 2011

Obama Blames Excess, Bankers Get out of Jail, Pass Go and Get $200 Bazzillion dollars

These days, I read the newspaper and shake my head. In his Martin Luther King memorial dedication speach, Obama said: “Dr. King would want us to challenge the excesses of Wall Street without demonizing those who work there.”

Really? This is the change-agent everyone voted for?

So it's not about who needs to be held to account; who the government hasn't even bothered to investigate yet, let alone prosecute. It's not about fixing the hole in the dike that was opened by ill-conceived Congressional legislation in the first place. "Excesses" are the culprit. Gee, what are we going to do about those?

Let's keep on treating the symptom (unemployment) and not the disease. Let's let capitalism and the middle class waste away from a cancer within why don't we. We can continue to play politics with the few thousand jobs government is capable of creating and bury our heads in the sand like ostriches. We can console ourselves by dutifully repeating after Ben Bernanke in responsive reading and hope that Wall Street excesses are a thing in the past. The last thing we want to do is inconvenience or point fingers at people who work on Wall Street. Surely they see the error of their ways.

Really? This is Mr. Hope?

More like Bob Hope.

Meanwhile, back at the ranch, and buried on page 4, Medicare yanks licenses and gives them right back.

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