Obama to Use Pension Funds of Ordinary Americans to Pay for Bank Mortgage “Settlement”

[riderinthestorm]

100. I'm a professional horse trader, really. And I know negotiation 101 as an MBA from the U of Chicago

One thing's for sure, the chief negotiator has the final line and one must always be willing to walk away from the table without crossing that line. It doesn't matter if there's 300,000,000 people in the room - that's why the chief negotiator is paid the big bucks, to hold up under the stress. They have their bottom line and understand the process.

Unfortunately, it APPEARS from this report and Sherrod Brown, that Obama's bottom line is pathetic.

The 300,000,000 spectators (us) have a front row view to the negotiations this time and we don't like it. This horse trader doesn't like it one bit. I smell a cave in on the bottom line and that's weakness. Obama is showing his allegiance to the big banksters and not to Joe Public.

Of course, the SOTU tomorrow may prove me wrong but this "trial balloon" (if that's really what it is instead of a final offer) is full of lead imho.