22 April 2010

Obama's Speech

I saw it, actually read it in the closed caption, I was at the gym on a stationary bicycle, and my reaction was that it was a missed opportunity.

He asked the banks to get on board, basically scolding them, but did not name names, or otherwise get medieval on them.

The American public hates the big banks, which, BTW, should be referred to exclusively as Wall Street Banks, even if the effect on poll numbers on financial reform are minor, as I have argued.

The bankers are not stake holders, they are malefactors, and should be treated as such.

Saying, "Can't we all just get along," is both bad politics, and bad policy.

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