Under Obama, crony capitalism again rules the day | Washington Examiner
Last week, amid Washington's blizzards, Obama was asked about the $17 million bonus awarded to JPMorgan Chase Chief Executive Officer Jamie Dimon and the $9 million bonus for Goldman Sachs CEO Lloyd Blankfein.I'm sure they are, I just don't like the idea that now my tax dollars are helping them be "savvy". Probably the smartest thing they did was provide big campaign contributions to BO.
"I know both these guys; they are very savvy businessmen," he said. "I, like most of the American people, don't begrudge people success or wealth." So much for campaign-trail denunciations of "fat cat" bankers and bloated bonuses.
Remember Dick Cheney and Haliburton? He was CEO, he left, he put all his stock in trust, the stock went down -- no matter, "Haliburton" became a chant for the left. They used to only like guys in office that have never held down a job (like BO), now they seem to be able to remain completely silent while the lobbiests roll up the dollars and the folks that BO bailed out roll in the dough and the praises.
Have politics completely replaces principles on the left?