1). Go on Sunday talk shows, discuss "offensive" Wall Street bonuses.
2). Point out the fact that "a lot of small businesses, credit-worthy businesses around this country who still can't get the capital they need to grow, which is important for our economy."
3). "considering a variety of options" = "more masturbation"
4). "be mindful of the budget deficit" = "maybe those Wall Street bonuses aren't so offensive after all."
Thanks Davey. As a small business owner, you've filed me with confidence. You're as useful as **** on a bull.
What are you prepared to do?
Big Wall Street bonuses "offensive": Obama aide
Sun Oct 18, 2009 2:05pm EDT
By Caren Bohan
WASHINGTON (Reuters) - A top White House aide lashed out on Sunday at Wall Street firms that are handing out huge bonuses while the rest of the economy struggles and small businesses cannot create jobs because of a lack of credit.
Highlighting a disconnect between Wall Street and Main Street that has caught the attention of the Obama administration, Goldman Sachs Group Inc's was on a pace to hand out more than $20 billion in bonuses, which could make this year a record.
Compensation is also soaring at several other big firms, which are raking in higher trading revenues amid a recovery in the stock market that lifted the Dow Jones industrial average above 10,000 last week.
But the economy remains weak elsewhere and the U.S. unemployment rate, now at 9.8 percent, is widely forecast to climb above 10 percent.
"The bonuses are offensive," David Axelrod, a senior adviser to President Barack Obama, said on the ABC News program, "This Week."
"The most offensive thing is, we haven't seen the kind of increase in lending that ... we should," Axelrod said. "There are a lot of small businesses, credit-worthy businesses around this country who still can't get the capital they need to grow, which is important for our economy."
Axelrod and other U.S. officials emphasized on television talk shows that they were considering a variety of options to boost the economy and rekindle job growth.
But they also said they wanted to be mindful of the budget deficit.
http://www.reuters.com/article/politicsNews/idUSTRE59F4DI20091018?feedType=RSS&feedName=politicsNews