May 14, 2012

How much can Obama fellate Dimon?

After JPMorgan's $2 billion fiasco (and who knows, it may wind up being more than that), and after financial reform and consumer protection architect Elizabeth Warren said JPMorgan CEO Jamie Dimon has no business serving on the New York Federal Reserve, Dear Leader, President Obama, has shown where his heart campaign finance wallet lies, when he says JPMorgan is so well managed.

I said last week this is a test of how much Obama is in thrall to the banksters. If Dimon won't, out of embarrassment if nothing else, resign his NY Fed seat, then, will Obama lean on him?

And, we have our answer. It's not just "no," it's a resounding "no."

Expanding support of gay rights is all well and good, but continuing to support a Big Five bankster when the top five banks, since 2007, have upped their share of the banking monetary pie from 43 to 56 percent is in another category altogether.

In fact, if Dear Leader REALLY wanted to stop being in thrall to the banksters, this would be a perfect opportunity to propose reforms of the entire Federal Reserve system so that, especially in New York, but with all the regional Feds, there was more government control and less banksterism.

But, that's what we're not going to get.

And, that's another reason why, to punish Democrats who won't find a few more ideals as well as to support other ideals, you should vote Green.

Especially since we know Obama has $500K reasons to like Jamie Dimon.

1 comment:

hedera said...

I just don't agree, Steve. When people who would normally support a Democrat vote Green or Libertarian out of annoyance, the practical effect is - to elect a Republican. I still remember the vote I cast for John Anderson in 1980 which contributed to Ronald Reagan's landslide.