"Fat Cat Bankers"

1. Did our President actually say "I didn't get elected to help fat cat bankers. . . " on Sixty Minutes last night?

Does anyone else think this language, in referring to professionals in the finance industry, seems a bit . . . well, un-Presidential?

And a little too . . . manufactured for his audience. Afterall, he really likes to employ former fat cat bankers as advisors, tsars (he likes to hire tsars) and employees in the federal government. So, he doesn't not like fat cat bankers. He hires them all the time. And, he listens to them. This Administration has kind of gone over-board trying to help fat cat bankers and the firms they work for.

So, what's this all about, this language about not wanting to help fat cat bankers? Could it be a brazen attempt to rally his left-leaning political base because he has done so many things recently to royally piss them off? Me thinks so.

2. Lending. As long as we are on the subject, it seems a bit disingenuous (to say the least) to be publicly lambasting the . . . uh . . . fat cat bankers for not lending out the money the Federal Reserve has so cheaply made available to them. Since it has been Government policy (from various agencies involved in the soup that is financial regulation in this country) to encourage these very same financial institutions to build up their capital base. Does the President know what this means? It means that we have been telling the banks not to loan money but instead to build up capital.

So, now we are calling them out for . . . not loaning the money . . . we told them not to loan.

And, blaming them for the slow pace of job growth in the process.

Ain't politics great?

Woldy