If you are actually surprised at this news, you might want to re-evaluate just whether you should ever again vote in any election—ever!
Top White House officials last week pressed the chief executive officers of Goldman Sachs Group Inc., Bank of America Corp. and JPMorgan Chase & Co. to stop lobbying against a financial-regulatory bill advancing in Congress, according to people who attended the meeting. President Barack Obama’s senior adviser David Axelrod and National Economic Council Director Lawrence Summers met with Goldman Sachs CEO Lloyd Blankfein, JPMorgan’s Jamie Dimon, Bank of America’s Brian Moynihan and about 12 other executives at an April 6 event in Washington hosted by the Financial Services Forum
The problem with allowing the government to take over the financial industry, is that idiots like the Teleprompter-in-Chief will then decide that they have the brain power to know what is right and wrong for that industry.
During one exchange, executives raised concern over the administration’s criticism of the industry’s efforts to influence the bill, according to one participant. Summers responded by calling on the industry to cease running ads against the bill and to stop its lobbyists from trying to insert loopholes in the legislation, the person said.
Do you get it now? You spent all the money on Obama (just how many millions came from Wall Street we will never really know) and now that he’s pushing things you don’t like you get to SHUT UP! And do you know why? Well,
White House officials have expressed frustration with the industry for lobbying against overhaul efforts after a $700 billion taxpayer-funded bailout helped them restore profits and near-record compensation for executives. Goldman Sachs, JPMorgan and Bank of America are among banks that have repaid the money.
You got your bailout, and your bonuses aren’t being mau-maued (for now), so shut up and support The Greatest President Who Ever Deigned To Touch the Soil of Earth With His Shoe!