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Bloomberg hammers Obama over Bank Plan

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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 01:06 PM
Original message
Bloomberg hammers Obama over Bank Plan
more: http://wcbstv.com/politics/obama.banks.mayor.2.1441065.html

EXCERPT:

It's a clash between the president and the mayor. President Obama wants to whittle away at the size of the financial services industry.

"The American people will not be served by a financial system that comprises just a few massive firms," the president said.

But Mayor Bloomberg said the banks and Wall Street are part of the bedrock of the city's economy, and efforts to slash their business just means less tax revenue for the city, which brings up the dreaded "L" word.

"If that's the case then we'll have to lay off people because it will really hurt our industry," Bloomberg said
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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 01:09 PM
Response to Original message
1. Bloomberg, a perfect example of all that's wrong with our
electoral system. He bought his political position with the obscene amount of money he has while others are starving.

We need to let people like him know what we think of them. Threatening to fire people is a new low, even for someone like him.

They fear a threat to their power.

I hope Obama holds strong, and that is why on this issue, we need to support him strongly.
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 01:11 PM
Response to Original message
2. Quelle Surprise!!! Bloomberg is whoring for the Wall Street banksters....
:wow:
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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-22-10 01:25 PM
Response to Reply #2
3. yep-he's their poster boy
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