Obama is running this country into the ground. He doesn’t listen to his own economic advisors.
Burned by Obama
Wall St. execs feel betrayed
By CHARLES GASPARINO
In the depths of the financial crisis last year, people like Morgan Stanley’s John Mack, BlackRock’s Larry Fink, Greg Fleming (then of Merrill Lynch), JP Morgan’s Jamie Dimon and Goldman Sachs’ Lloyd Blankfein were telling everyone that candidate Barack Obama was a “moderate,” and moderation was what this country needed.
What a difference a year makes. They won’t admit it in public — but in private conversations, the top guys on Wall Street are feeling burned.
The guy who seemed like such a steady voice — vowing to curb runaway spending and restoring order to the banking system and the economy as a whole — is instead so driven to achieve his big-government policy goals that he and his policy people are ignoring their own economic advisers on the severe economic costs that his agenda will cause.
Is that why the Dow is up some 3,000 points since March? You don’t have a clue what you’re talking about, and who the hell cares what Wall Street execs think? They’re the ones who caused the collapse of our economy in the first place!
I didn’t write the article Ben.