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President Obama Gives the Business to "Shameful" Wall Street

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Uploaded by on Jan 29, 2009

http://www.google.com/hostednews/ap/article/ALeqM5jUtOqjn-Gmqh0fIoTp_GZIOAVVE...

WASHINGTON (AP) — President Barack Obama says it is irresponsible and shameful for Wall Street bankers to be paid huge bonuses at a time when the American public is dealing with economic hardship. The president reacted harshly Thursday to reports that corporate employees got paid more than $18 billion in bonuses last year.

Said Obama: "That is the height of irresponsibility. It is shameful."

The president said he and new Treasury Secretary Timothy Geithner will have direct conversations with corporate leaders to make the point.

Obama said there is a time for corporate leaders to make profits and get paid bonuses but now is "not that time."

Still worried we'll wake up and George will be president at
http://www.michaelmoore.com

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  • Anyone getting a bonus with taxpayer dollars needs to pay us back with interest or spend time in jail. This is purely criminal.

    When a business is failing, the owners are the first to take a pay cut.

  • he was elected by the Amaracen People you Moron!

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  • Hey Nora, how many inches up his butt is your nose?Jim Johnson Fannie and Freddie walked away with $100 million in pay and bonuses-taxpayer funded--also shameful? where's that news report? where are the charges for fraud? Franklin Raines at Fannie and Freddie walked away with $70 million in pay and bonuses taxpayer funded--also shameful?. Mendacity is the man preaching ethics when he himself helped create the subprime lending financial crisis that took down our wealth. Nora you're a loon!

  • They ask him a football question after that... ok main stream media is dead to me.

  • The only thing Oslicko thinks is shameful is that the TRUTH CAME OUT! Isn't it time for him to take another million dollar Vacation?

  • A sad fact is that Obama has been bought by Honeywell CEO David Cote. He can't even bring himself to assist the union employees Cote is holding hostage and will not allow to work unless they agree to HIS demands. Then Obama says he cares about average Americans. What a joke. He cares about the Money Honeywell contributes to politics more.

  • In the end, they are all derivatives of the Marxist concept of collective ownership and all circumvent and ultimately destroy the natural right of individuals to own property and make their own financial decisions.

    It’s freedom and free enterprise which made the United States the greatest economy in history which Clueless Comrade Barry is now doing his level best to destroy.

  • Hitler was also a Marxist. NAZI is an acronym that stands for National Socialist German Workers Party. Lenin was a Marxist as was Stalin as was Mao and Obama, Sr.

    Clueless Comrade Barry, Fidel Castro and Hugo Chavez are all Marxists.

    You can split hairs over the supposed dissimilarities between Marxism, socialism, fascism and communism but they are all distinctions without a difference.

  • In 1919, Mussolini formed the Fascisti or Fascist Revolutionary Party.

    Mussolini was a Marxist. His official motto was, “Everything in the State, nothing outside the State, nothing against the State”.

    By his own words, Mussolini defined himself and his Fascisti as Marxists, “I am and shall remain a socialist and my convictions will never change. They are bred into my very bones.”

  • If by “right wing” you mean capitalist, laissez faire or market liberal, there is nothing whatsoever right wing about fascism.

    The English word “fascism” is taken from the Italian word “fascismo” - a term coined by Benito Mussolini in 1915 to describe his brand of Marxism.

  • @1XMarksSpot amen

  • what are you waiting to start the revolution?

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